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BTC's drop took the asset's price to its weakest level since the market panic witnessed in the first week of August, with ETH also dropping 4.5%.

With the increase in Bitcoin's dominance, the much-awaited altcoin season will face extended delays. To officially begin the alt season, at least 70% of the coins must outperform BTC, but it's only 6. At the time of writing, Bitcoin dominance is at 56.8%, peaking at 57.7% in last week.

TON blockchain has integrated Injective (INJ) and Pyth Network (PYTH), further advancing Telegram's Web3 reach, reflecting the transformation of open finance.

TL;DR Strategic Partnership: TON and Pyth Network have teamed up to integrate Pyth's advanced data feeds, providing TON developers with high-quality, real-time pricing information essential for building innovative dApps.

The altcoin industry has signalled an inevitable bullish move ahead despite the heightened fear of further capitulation by the end of August and September. Bitcoin's (BTC) dominance has already flashed a potential cycle top after reaching a high of about 57.67 per cent.

TON Teleport BTC will enable users to move Bitcoin to the TON blockchain in a trustless and secure manner. This innovative bridge will facilitate direct interactions between Bitcoin and various DeFi applications on the TON network.

Bitcoin is finding it difficult to rise above the overhead moving averages, indicating that the bears are trying to flip the level into resistance.

Some of the altcoins have put on great gains since the fall-out over the yen carry trade. Binance Coin ($BNB), Toncoin ($TON) and Avalanche ($AVAX) are rallying hard.

The crypto market is experiencing a much-needed rally as prices return to the upside. Notcoin (NOT) and Toncoin (TON), two TON-based cryptocurrencies, are on the rise, driven by growing retail and institutional adoption. However, considering the market's choppiness, it remains to be seen if the momentum can be sustained.

Pyth says its real-time price data can help TON games build better in-game economies, as well as help DeFi projects expand their audience.

TON and Pyth's collaboration brings institutional-grade real-time price feeds to TON developers, enhancing DeFi innovation.

Annual consumer prices retreated in August, raising hopes that the Federal Reserve will start cutting interest rates in its September meeting. Cryptocurrencies and U.S. stocks continued rising on Wednesday, Aug. 14 after the release of July's inflation report.

The crypto markets are experiencing a roller coaster ride as, after a small upswing, the Bitcoin price has again begun to consolidate as the bulls fall short of strength. In the meantime, the prices of altcoins like Toncoin (TON) and Notcoin (NOT) are not only holding support but are also maintaining a steep ascending trend.

In the crypto market, many coins are emerging as buzzwords. Some of the biggest ones are Toncoin (TON), DTX Exchange (DTX) and Ethereum (ETH). TON is seeing some exciting developments as Binance added it to its launch pool.

Global crypto markets registered a 104% year-on-year (YoY) increase in market cap, with Bitcoin (BTC) remaining a standout performer, with growth of between 50% and 55%.

NEAR, APT, and STX are the other notable gainers from the larger-cap alts.

As major cryptocurrency prices dipped – despite US Consumer Price Index (CPI) inflation data suggesting potential interest rate cuts by the Fed – traders sought refuge in the altcoin market, focusing on the day's top crypto performers.

The Open Network (TON) has announced a partnership with decentralized data oracle Pyth Network to enhance data delivery for developers building on the TON blockchain.

The recent recovery provided some consolation to investors amid the market downtrend. Toncoin (TON) and Polygon (MATIC) seem to be struggling with the market dip, while DTX Exchange (DTX) has not only been able to sustain the market but also to make strides within it.

The S&P 500 Index is extending its recovery, boosting buying in Bitcoin and select altcoins in the near term.

Bitcoin (BTC) slipped below $60,000 on Sunday, going below even the $59,000 price level as markets tumbled over the weekend. BTC hit an intra-day high of $61,970 before turning bearish and falling to a low of $58,395.

Toncoin, the native coin of The Open Network (TON) and the Telegram ecosystem, is performing better than several of its counterparts. The coin has outshone Bitcoin (BTC), Ripple-associated XRP and Dogecoin (DOGE).

Buyers are struggling to build upon Bitcoin's sharp recovery on Aug. 8, indicating that the bears remain active at higher levels.

Right now, Ethereum is experiencing a severe decline in value relative to both the USD and Solana. Given its sharp decrease, Ethereum's standing as the second-largest cryptocurrency by market capitalization is seriously being questioned.