Everyday I see lots altcoins on Binance increase 10-40%, then I look at BTC dominance and it stays relativly the same around 44.3%. Are smaller altcoins just draining Ethereum, XRP, ADA, NEO and other big coins of their marketcap?
Yes your point is right as there is surge in alts these days of 10-20% daily and there is downfall also so we can say there are fluctuations in prices of alts whereas bitcoin seems to stable somewhat between $9000-$11000 but rise in alts is temporary but btc will soon recover and reach its peak level.The values of alts are stronger compared to past like ETH grew almost by $800 last year so we cant say its draining.Have patience and hodl the coins.