Despite this rise in Bitcoin, there may be several possible reasons for the stagnation in altcoins:

* Bitcoin Dominance: Bitcoin's market value, when compared to the total value of the entire cryptocurrency market (Bitcoin dominance), generally increases when the price of Bitcoin rises. Investors may turn to Bitcoin, which they see as a safer haven during periods of uncertainty in the market or during strong upward trends in Bitcoin. This may reduce demand for altcoins and prevent their prices from rising as quickly as Bitcoin.
* Profit Realization: As Bitcoin rises, some investors may sell their altcoins to realize their profits. This selling pressure may limit the rise in altcoin prices.
* New Investor Entry: New investors to the market may prefer to invest in Bitcoin first because they are usually more familiar with it. Interest and investment in altcoins may increase over time.
* Sectoral Developments: Negative news about certain altcoin projects, regulatory uncertainties or technological problems may negatively affect the performance of those altcoins. Even if Bitcoin lifts the overall market sentiment, such special circumstances may cause some altcoins to lag behind.
* Market Cycles: Cryptocurrency markets can move in cycles. Bitcoin may lead the way in some periods, while altcoins may outperform in other periods. Bitcoin is likely to be at the forefront in the current cycle.
* Whale Movements: Large investors (whales) may be focused on Bitcoin or may not have increased their positions in altcoins yet. This may limit the movement in altcoins.
I hope these explanations were helpful. Since crypto markets are quite dynamic and complex, several of these factors can be at play at the same time.
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