Bitcoin's dominance index has been steadily declining since January, now sitting at 48.3%. This shift could indicate a growing interest in alternative cryptocurrencies and a potential shift in market leadership. Meanwhile, altcoins like Ethereum and Binance Coin are gaining traction, with ETH's price up 15% in the past week.

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Bitcoin's dominance dip signals a maturing market with diversifying interest. Ethereum's price surge reflects its growing appeal. Altcoins are indeed capturing more attention.