Aster Price Plummets 20% Amid Crypto Sell-Off
The Aster price has fallen nearly 20% to approach $1.00, as selling pressure intensifies across the cryptocurrency market, with Bitcoin dropping below $106,000.
Aster's governance token, ASTER, has erased significant gains, with bulls struggling against broader sell-off dynamics. The price plunged 20% to hit lows of $1.08 on major exchanges, following a decline from above $1.36.
ASTER is among the top losers, alongside Zcash, Mantle, SPX6900, and Morpho, with its sharp downturn extending a multi-day decline since bulls failed to hold onto gains near $1.60.
The decentralized exchange's governance token fell nearly 20% to inch closer to the $1 support level.
Aster's parabolic gains in recent weeks are fading as cryptocurrencies plummet, with broader risks potentially leading to bears taking control.
Author's summary: Aster price drops 20% amid crypto market sell-off.