The reasons you've outlined indeed play a significant role in the performance of altcoins compared to Bitcoin:

1️⃣ Bitcoin Volatility: Bitcoin's price volatility can have a spillover effect on the broader cryptocurrency market. When Bitcoin experiences sudden price fluctuations, altcoins often follow suit, as investors may prioritize preserving capital or taking advantage of opportunities in the more stable asset.

2️⃣ Bitcoin Dominance: Bitcoin's dominance, which measures its market capitalization as a percentage of the total cryptocurrency market, can influence investor sentiment and capital allocation. During periods of high uncertainty or significant events like the halving, investors may gravitate towards Bitcoin, leading to increased dominance and relatively subdued performance in altcoins.

It's essential for investors to recognize these dynamics and consider them when formulating their trading or investment strategies. While altcoins can offer opportunities for diversification and potentially higher returns, they also come with higher volatility and risks. As always, it's crucial to trade wisely and conduct thorough research before making any investment decisions.

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