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The crypto market diverges, Bitcoin challenges new highs, and the altcoin seasonal index drops to 24

Internet reports that on May 19, according to Coinmarketcap data, the crypto market trends diverged. While Bitcoin challenged new highs, the Altcoin Season Index dropped from a recent high of 43 to 24. The altcoin index has continued to decline since hitting an annual high of 87 on December 4, 2024, falling to a low of 13. It fell again after the market rebounded to 43 in May.

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