Although the Bitcoin dominance is presently dropping, many people are still more comfortable with buying bitcoin than investing in altcoins. As a result, only when alts gather attention and look primed for a rally do people decide to buy them. Hence the seeming boycott of alts.
That is right people are more comfortable right now about investment, that is why BTC has survived from 9k. It was a bit harder to reach 10k, but after reached this price it would be easy for BTC to reach 11k and l think it will be 12k in the near future. This event has also affected the price of other cryptocurrencies. You can see ETH and others, ETH shows right now 40% more than own early price. l hope it will keep going on till the end of the year.
With the rising price of Bitcoin above $ 10k, many investors are confident and I think the speculation on the price of altcoin will strengthen and this will make the dominance of Bitcoin in the cryptocurrency market will be below 60%. The number of DeFi projects that have sprung up should make us aware because not all DeFi projects will be profitable