BTC and ETH Hold Gains as Aster DEX Posts $64B in Leveraged Volume
Bitcoin (BTC) and Ethereum (ETH) saw modest gains on Tuesday, supported by derivatives metrics indicating a cautious bullish bias, while the new decentralized exchange Aster drew heavy activity with extreme leverage despite weak token performance.
BTC traded around $112,900, up 0.78% over the past 24 hours, while ETH hovered near $4,150, gaining 1.1%. Futures open interest rose from $29 billion to $31 billion, suggesting traders are positioning for further upside.
The spotlight shifted to altcoins, with Aster registering a striking $64 billion in daily trading volume. The platform’s high-leverage offerings—up to 300x—have attracted significant activity, even though the native token has seen limited price movement.
Tuesday’s session reflects a market in consolidation after Monday’s recovery, with participants closely watching BTC/ETH derivatives flows and high-leverage altcoin platforms for early momentum signals.
