The Aster price has fallen nearly 20% to approach $1.00, as selling pressure intensifies across the cryptocurrency market.
Bitcoin's drop below $106,000 has contributed to the sell-off, with Aster's governance token experiencing a significant decline. The token has erased substantial gains, and broader risks could lead to bears taking control.
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.