The long time king of the Cryptocurrency seems to be struggling now to keep up with the pressure of some of other cryptocurrencies.
Ethereum seems to be the most challenging opponent for Bitcoin right now and Bitcoin seems to fall apart against it. In a few past days its been clear that with the up of Ethereum, Bitcoin falls and that clearly indicates that finance is being transferred from Bitcoin to Ethereum.
Earlier that was not the case, earlier whenever Bitcoin goes up, it used to pull all the cryptos with it but now things are changing, Ethereum clearly is now out of the league of Bitcoin and is in its own now and is pulling the finance from BTC.
Do not be fooled by appearances. For a long time bitcoin has been "declared dead" by many, and others have predicted that this or that cryptocurrency will end up displacing bitcoin. In fact it is necessary to remember that a few weeks ago ripple moved for the first time to ethereum of the second place of marketcap and much naives bought XRP frantically when predicting that in a few days it would displace bitcoin. However, I am sure that the predominance of bitcoin will continue for several more years, and I am not so sure that ethereum is the one who will displace it.