Bitcoin price is constantly reaching high but Bitcoin Dominance is dropping.
I guess there are more and more fiats that are converted into cryptocurrencies but most of it are flowing into altcoins.
~ Does this indicate that more and more people are interested in altcoins rather than only investing in Bitcoin?
Risk takers are chasing x5's and x10's altcoins from different blockchains like Ethereum, Binance Smart Chain and Polkadot. You can take a look at how the TVL's (Total Value Lock) in each chain have grown over the past months. You can also add how many people are buying NFTs into the mix.