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Bitcoin's market share has fallen below the peak for the entire year of 2024.
According to BlockBeats news on July 20, market data shows that Bitcoin's market share (BTC.D) has decreased for 8 consecutive days, currently falling to 61.15%, which is below the peak of 61.53% for the entire year of 2024. Previous reports from Matrixport indicated that the continuous decline in Bitcoin's market share truly signifies the arrival of alt season.