Aster (ASTER) Price Drops 15% Amid Market Sell-Off and $4.6M in Long Liquidations

Aster (ASTER) dropped by 15% in value over the past few days, following a significant market sell-off and $4.6 million worth of long liquidations.

The altcoin's price fell from $0.77 to as low as $0.61 before slightly rising, with its trading volume dropping by 50%

The market downturn was triggered by the renewed trade war between the U.S. and Canada, which led to a broader crypto market retracement.

As traders anticipated continued rallies in ASTER, they were forced out of the market due to rising liquidation risks, prompting panic exits across the derivatives market.