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Bitcoin Dominance Rate Falls Below 2024 Annual Peak

Summary: According to market data, the Bitcoin dominance rate (BTC.D) has been declining for 8 consecutive days, currently dropping to 61.15%, below the 2024 annual peak of 61.53%. Matrixport stated that the continuous decline in Bitcoin dominance rate signifies the arrival of the altcoin season.

According to market data, the Bitcoin dominance rate (BTC.D) has been declining for 8 consecutive days, currently dropping to 61.15%, below the 2024 annual peak of 61.53%.

Matrixport stated that the continuous decline in Bitcoin dominance rate signifies the arrival of the altcoin season.

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