Since the elections we can see how both BTC as well as the entire top 100 (which includes BTC) have generally gained market dominance. This is on the back of other majors like XRP & SOL making moves together with BTC which took away market share from all the mid/small caps. I think this trend is healthy for the market but you'd want ETH to eventually join this as well as that's usually the one that leads other coins and the overall altcoin market to follow.