Bitcoin (BTC) has experienced a recent uptick, rising 2% in value, while altcoins have seen a more modest increase of 3%. However, the volatility in the cryptocurrency market remains pronounced, with BTC dipping 3% earlier. Observers note a trend where Bitcoin's performance significantly influences altcoin values; when BTC rises, altcoins tend to follow, albeit at a lower rate, and vice versa. Currently, Bitcoin's dominance in the market is notable, with many altcoins and traditional assets like gold and stocks losing liquidity as investors pivot towards BTC and meme coins. The meme coin market has surged, contributing to a $100 billion segment of the cryptocurrency landscape, attracting younger traders who embrace its speculative nature. Analysts suggest that while Bitcoin and select meme coins are thriving, other cryptocurrencies are struggling to keep pace, indicating a potential shift in investor focus towards these high-risk, high-reward assets.