Despite the bitcoin dominance, i think there still many altcoins that are doing good in the market. There is a hype right now in most defi platform supported by many altcoins. I am expecting positive development in the prices of altcoins this coming months. I am just waiting for the altcoin market to become bullish.
Bitcoin's dominance speaks of its popularity among investors. It is people who decide what it is best for them to invest in altcoins, which can rise high and fall, or in bitcoin, which is generally stable and shows moderate growth. By the level of capitalization, we can see what is closer to the mass of investors.