Bitcoin's market dominance has fallen below its 2024 annual peak
BlockBeats News, July 20 — According to market data, Bitcoin dominance (BTC.D) has declined for eight consecutive days, currently dropping to 61.15%, which is below the 2024 yearly peak of 61.53%.
Previous reports indicated that Matrixport stated a sustained decline in Bitcoin dominance would signal the true arrival of altcoin season.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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