Bitcoin market share has dropped below its peak for the whole year of 2024

According to BlockBeats news, on July 20th, according to market data, Bitcoin's market share (BTC. D) has been declining for 8 consecutive days, currently dropping to 61.15%, which is lower than the peak of 61.53% for the whole year of 2024. Previously reported, Matrixport stated that the continuous decline in Bitcoin market share indicates the true arrival of the knockoff season.