Bitcoin Dominance Falls to a 6-Month Low as a Metric Declares a New ‘Alt Season.’
[ad_1] This month, Bitcoin (BTC) is facing new competition from altcoins, as data suggests that – technically — it is already "alt season." BTC now accounts for 41% of the total crypto market cap, its lowest market share since January. According to CoinMarketCap and TradingView data, BTC currently accounts for roughly 41% of total crypto market capitalization - its lowest since the beginning of 2022. Bitcoin Sheds Market Cap Prowess