Yes that's right Bitcoin has great power and brand value. But nowadays there are very strong cryptocurrencies such as ETH, BNB, HIVE. Many have strong communities and support. They also host a lot of great projects. And they make the markets more lively and active. Bitcoin is a great investment option and store of value. It is difficult to use it in any other field now.
RE: Why Is Bitcoin Dominance (BTC.D) Increasing and What Does It Indicate?