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


16 Sep 2023 8:40 AM

VET, LTC, and MKR are the other notable gainers from the top 36 alts....

  • 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.

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