ASTER Surges 9% as Bitcoin Holds Steady Above $104K, Fueling Altcoin Optimism

ASTER, a mid-cap altcoin, rocketed nearly 9% in the past 24 hours, climbing to $1.16 and emerging as one of the top performers in the cryptocurrency market. This surge reflects renewed trader enthusiasm for projects beyond large-cap assets, driven by sustained buying pressure and higher transaction volumes on decentralized exchanges.

Bitcoin remained stable around $104,860, registering a modest 0.08% daily increase after recovering from a dip below $103,000 earlier in the week. The asset faced rejection at $107,000 but found support, bolstered by positive developments such as U.S. President Donald Trump's promise of $2,000 tariff checks and reports of a potential U.S. government reopening. This steadiness has eased concerns of a deeper correction and provided a conducive environment for altcoin momentum.

While ASTER showed strong bullish signals, with its RSI maintaining levels above 65 and short-term moving averages aligning positively, other major altcoins struggled. Ethereum declined to $3,544, XRP fell to $2.44, and Solana dropped to $159.41, posting minor losses. The total cryptocurrency market capitalization hovered near $3.61 trillion, with Bitcoin dominance steady at 58%, indicating balanced sentiment across digital assets.

Analysts highlight that Bitcoin's consolidation above the psychological $100,000 threshold may encourage capital rotation into undervalued altcoins, particularly those with tangible use cases and consistent network growth. ASTER's performance, fueled by growing interest in its staking yield, positions it for a potential breakout above $1.25 if current liquidity inflows persist, signaling a healthier trading environment post-macroeconomic tensions.