Bitcoin's dominance might decrease to 40% by September 2024 as the cryptocurrency market continues to evolve. The rise of altcoins, particularly those offering innovative technologies and solutions, is challenging Bitcoin's market share. Decentralized finance (DeFi), NFTs, and other blockchain applications are drawing significant attention, leading to a more diversified market. This trend suggests that the era of Bitcoin's overwhelming dominance may be coming to an end, with other cryptocurrencies gaining ground. As the market matures, Bitcoin's role may shift from being the sole leader to one of many influential players in the space.