Bitcoin dominance is showing a good downward trend. It's a very positive sign.
Bitcoin in consolidation - dominance is decreasing - altcoins are starting to wake up slowly.
I think if Vanguard enters the game and becomes the issuer of spot BTC ETFs, we could see another cycle of dominance growth.
Also, if the SEC approves the S-1 form soon, and spot ETH ETF listings occur, we'll likely see further gradual decline in dominance. I don't think Ethereum spot ETF will gain as much popularity as BTC ETF, but nevertheless, it's a huge step in the development of the crypto industry.
I think the story here will be similar to ETFs on Gold and ETFs on Silver. Gold playing the role of the father, and Silver playing the role of the son. Similarly with Bitcoin and Ethereum š
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