Bitcoin Dominance has dropped below the peak level seen throughout 2024.

BlockBeats News, July 20th, according to market data, Bitcoin Dominance (BTC.D) has been declining for 8 consecutive days, currently dropping to 61.15%, below the 2024 annual peak of 61.53%.

Previously reported, Matrixport stated that the continuous decline in Bitcoin Dominance signifies the true arrival of Altseason.