Toncoin Soars Above $2 Following 10% Daily Surge, Bitcoin Fails at $27K (Market Watch)

• VET, LTC, and MKR are notable gainers among the top 36 altcoins.
• Bitcoin attempted to break the $27,000 level but failed and currently sits around $500 below it.
• Most altcoins are relatively stable, except for TON, which has surged by 10% and is now above $2.
• Bitcoin experienced a significant drop on Monday but quickly recovered after a Bitcoin ETF application was announced.
• BTC reached its highest price in over two weeks at $26,900 but failed to challenge the $27,000 level and currently trades at $26,500.
• The market capitalization of the crypto market remains around $520 billion, with Bitcoin's dominance slightly above 49%.
• TON has been performing well due to positive engagement from Telegram, with a 10% surge in the past 24 hours and a 20% gain on a weekly scale.
• Other notable gainers among larger-cap altcoins include Polkadot, Litecoin, VET, and MKR.
• ETH, BNB, XRP, DOGE, MATIC, and SHIB have minor gains, while ADA, SOL, and TRX are slightly in the red.
• The crypto market cap has surpassed $1.060 trillion on CMC.

The sentiment of the article is generally positive, highlighting gains in various altcoins and Bitcoin's recovery after a drop.