Aster Price Plummets 20% Amid Crypto Sell-Off
Aster's price has fallen nearly 20% to approach $1.00, as selling pressure intensifies across the crypto market, with Bitcoin dropping below $106,000.
The decentralized exchange's governance token, ASTER, has erased significant gains, with bulls succumbing to broader sell-off dynamics. Having traded above $1.36, ASTER's double-digit declines over the past 24 hours have made it one of the top losers, alongside Zcash, Mantle, SPX6900, and Morpho.
Aster's sharp downturn extends a multi-day decline since bulls failed to hold onto gains near $1.60, with the token's parabolic gains in recent weeks quickly fading.
Aster has erased significant gains, and broader risks could see bears take control.
As crypto markets turn red, Aster's price has plunged 20% to hit lows of $1.08 across major exchanges and trading platforms.
Author's summary: Aster's price drops 20% amid crypto sell-off.