2020-2021 Bull Market

Bull Market (2020-2021):
Bitcoin's market share started at around 70%, but with the outbreak of DeFi, NFT and other ecosystems, it dropped to 40%-50%.
Altcoins such as BNB, SOL, ADA, and DOT rose and occupied a large market share.

Bear Market (2022):
With the market correction, Bitcoin's market share rebounded to 40%-50%.
The market tends to be conservative, and funds flow back to mainstream assets such as Bitcoin and Ethereum.

Current (2023-2024)

Bitcoin's market share fluctuates between 40%-60%.