Bitcoin market capitalization falls below 60%, altcoins market capitalization has risen over 11.94% in the past week.

On August 9, according to market data, Bitcoin's market share (BTC.D) fell below 60%, decreasing by 3.1% over the past week, currently reported at 59.98%. The total market capitalization of encryption rose by 6.9% over the past week, while the total market capitalization excluding Bitcoin (TOTAL 2) increased by 11.94%, and the total market capitalization excluding Bitcoin and Ethereum (TOTAL 3) rose by 8.58%. Market views generally suggest that the continuous decline in Bitcoin's market share indicates that the alt season may truly be coming.

BTC0.05%
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