The Aster price has fallen nearly 20% to approach $1.00, as selling pressure mounts across the crypto market.
Bitcoin's drop below $106,000 has contributed to the sell-off, with Aster's governance token feeling the effects. The token's recent parabolic gains are fading, and bulls are struggling to maintain control.
The decentralized exchange's governance token fell nearly 20% to inch closer to the $1 support level, with bulls succumbing to broader sell-off dynamics.
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.