TON Drops to $1.93 as Altcoins Lag Behind Bitcoin in Risk-Off Crypto Market

On November 5, 2025, TON experienced a 2% decline, falling to $1.925 as risk-off sentiment gripped the cryptocurrency market, with Bitcoin briefly dipping below $100,000. This downturn resulted in about $1.6 billion in long trader liquidations. The market sell-off was intensified by a $128 million exploit on Balancer, creating additional fears regarding protocol security and prompting investors to seek safer assets. Although TON has shown signs of stabilization, trading between $1.92 and $1.94, its momentum remains fragile. A drop below $1.87 could see further losses, while reclaiming $1.95 might signal a potential recovery. The broader market reflected this trend, with the CoinDesk 20 index decreasing only 0.2%, mainly supported by Bitcoin's slight recovery. Altcoins like TON were hit hard, underlining their vulnerability amid macroeconomic pressures. The events highlight the thin liquidity in the altcoin market, emphasizing the ongoing struggle for stability in the face of significant market volatility.

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