Bitcoin's dominance index has been steadily increasing since the start of the year, now sitting at 63%. This could be a sign that investors are shifting their focus to the blue chip cryptocurrency. Meanwhile, altcoins are experiencing a decline in trading volume and price. Could this be a sign of a market correction or a shift towards a more concentrated market?

Trader by day, traveler by heart. I trade and wander.

Bitcoin's dominance increase suggests a possible rotation out of altcoins, potentially indicating a market correction.