Why Is Bitcoin Dominance Rising?

The fact that increases in the price of Bitcoin attract more users and increase the transaction volume, resulting in more demand than other cryptocurrencies, can be cited as one of the main reasons for the rise of Bitcoin Market Domination. It would not be wrong to say that the cryptocurrency market is largely driven by Bitcoin. The increase in demand that has led to increased Bitcoin dominance may also be a sign that users are leaving low-volume and relatively riskier cryptocurrencies and switching to Bitcoin.

This is the real issue right now. #BTC‬ This rise is not the bull itself, I think it may just be an indication that it is getting closer. For example, the dominance is currently between 53 and 54. The bull will not reach the moga before it falls to 45 or even lower.