Aster's price has fallen nearly 20% to approach $1.00, as selling pressure intensifies across the cryptocurrency market, with Bitcoin dropping below $106,000.
The decentralized exchange's governance token, ASTER, has erased significant gains, and broader risks could see bears take control. With the crypto market in decline, Aster's price plunged 20% to hit lows of $1.08 on major exchanges.
Aster's parabolic gains in recent weeks are quickly fading as cryptocurrencies plummet.
Aster's sharp downturn extends a multi-day decline since bulls failed to hold onto gains near $1.60.
Author's summary: Aster price drops 20% amid crypto sell-off pressure.