Why is Gram (prev. Toncoin) down today?

Gram is down 2.7% to $1.34 with no coin-specific news behind the move — it's tracking a broad crypto selloff. Bitcoin fell 2.9% to $81,204 after September CPI came in at 3.7%, above forecasts, pushing Treasury yields higher and putting a Fed hike back on the table. That macro repricing dragged crypto lower alongside stocks, and assets further down the cap table, like the #31-ranked Gram, typically take the move harder.

The slide accelerated as Bitcoin broke below $81,000, triggering roughly $485 million in liquidations across leveraged positions. Forced selling of that scale tends to spill into mid-cap tokens, and Gram's thin $35.54 million in 24-hour volume against a $3.79 billion market cap leaves little depth to absorb it.

Washington added to the softer tone: Patrick Witt is exiting his role as the White House's top crypto adviser with the Clarity Act stalled, removing a policy catalyst traders had been watching. Gram is down 6.1% over the past week, versus Bitcoin's 1.9%.