Bitcoin price is constantly reaching high but Bitcoin Dominance is dropping.
The reason that the dominance is dropping might be because people are scared that at the current price of bitcoin, it might collapse like what happened in 2017 so they are trying to diversify their portfolio so as to evenly spread the risk and continue profiting even if one of them is going down.
Does this indicate that more and more people are interested in altcoins rather than only investing in Bitcoin?
Maybe that could be the case or that they find the price of bitcoin too expensive so they choose different cryptocurrency to get more out of their initial capital.