Although investors have looked to Bitcoin performance for guidance of the market sentiment, many are actually investing into altcoins given the increased development that has been seen in those assets recently. Many of the ICO of 2017 are now delivering their projects in the short term and it has brought renewed interest in this segment of the market. This has brought Bitcoin dominance to go below 40% once again.

An interesting pattern to consider is that Bitcoin dominance is showing an inverse correlation to overall Market Capitalization. It seems that money is moving into Altcoins faster than Bitcoin in the rises we are seeing since the beginning of the year. As more projects like EOS continue to launch their platforms, there may be potential for a new low in Bitcoin dominance and thus a potential for new all time highs for the Market Capitalization.