TON Price Drops to $1.93 as Altcoins Underperform Bitcoin in Risk-Off Crypto Market

The cryptocurrency market is experiencing a significant risk-off sentiment, with TON (The Open Network) declining to $1.93. Altcoins across the board are underperforming Bitcoin (BTC) as investors shift towards safer assets. This market movement highlights Bitcoin's dominance during periods of uncertainty, while alternative cryptocurrencies face increased selling pressure. Market analysts note that such corrections are common during risk-off environments, with traders reallocating capital to more established digital assets like Bitcoin.