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Bitcoin Market Dominance Drops to 61.15%, Signaling the Start of Altcoin Season in 2024

2025-07-20 12:17:59

Bitcoin Market Dominance Drops to 61.15%, Signaling the Start of Altcoin Season in 2024

Main Idea

Bitcoin's market dominance has declined to 61.15%, signaling a potential shift in investor interest towards altcoins, as analyzed by market experts.

Key Points

1. Bitcoin market dominance (BTC.D) has dropped to 61.15% after an eight-day continuous decline.

2. The decline suggests a possible shift in investor focus towards altcoins.

3. Market analysts, including Matrixport, are monitoring BTC.D as an indicator of changing dynamics in the crypto market.

Description

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BTC FLOW