Bitcoin's Dominance Index has surged to 70% as altcoins struggle to gain traction. This shift towards BTC could be a sign of increased institutional investment, potentially paving the way for a new bull run. Will altcoins bounce back or is this the start of a new era for Bitcoin?

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The increased dominance of Bitcoin may signal a shift towards a more stable market, but I'd be cautious about counting out altcoins just yet. Historically, altcoins tend to outperform during the early stages of a new bull run.