The Aster price has fallen nearly 20% to approach $1.00, as selling pressure mounts across the cryptocurrency market.
Bitcoin's drop below $106,000 has contributed to the sell-off, with Aster's governance token succumbing to broader market dynamics. The token has erased significant gains, and further risks could see bears take 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 market sell-off.