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It was a sea of red in the cryptocurrency industry as concerns about the Federal Reserve and Bitcoin ETF inflows continued. Bitcoin remained below $67,000 while most altcoins like Ethereum, Solana, and Cardano drifted downwards. Not all altcoins crashed though as Toncoin (TON) soared to a record high. Gorilla, a popular meme token also rallied by over 16% on Monday while Io.net (IO) erased all of its losses last week. Other top-performing altcoins were the likes of Jasmy, Brett, and Dogwifhat. Traders are still focused on the meme coin industry, which has done better than mainstream tokens thi…

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