The crypto market shows divergence, Bitcoin challenges new highs, and the alts season index has dropped to 24.

BlockBeatNews
BTC-2,24%

BlockBeats news, on May 19, according to Coinmarketcap data, the crypto market shows a divided trend. While Bitcoin challenges new highs, the Altcoin Season Index has dropped from a recent high of 43 to 24. The altcoin index has been on a downward trend since reaching an annual high of 87 on December 4, 2024, falling to a low of 13, and after rebounding to 43 during the May market recovery, it has once again experienced a downward movement. Among the top 100 crypto assets by market capitalization in the past 90 days, 24 tokens have outperformed Bitcoin, with the best-performing alts in the last 90 days being FARTCOIN, FORM, IP, VIRTUAL, BRETT.

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