Bitcoin is losing its value in terms of price but it is gaining dominance for the few days and it already passed 50% which maybe the most all time high of this year,so bitcoin is most trusted by others when comparing others,we may see another good run in the end of the year due to many factors.
Bitcoin isn't losing or gaining value. Coins tied to Bitcoin do. 1BTC = 1BTC.
It's not the best thing to add so much importance to Bitcoin's dominance in terms of its market cap. Altcoins are similar to leveraged positions which make them go up and down way beyond Bitcoin's price movements.
If we indeed happen to see a somewhat decent increase this year, it will pump altcoins back to where they started before the recent decline, and who knows what an altcoin season (if it still exists) is capable of doing.
Fact is that the whole crypto industry has not been innovative enough this year, which is quite a shame. It's like the bear market has completely covered this industry with so much negativity, that not much seems to happen.