BTC and ETH Hold Gains as Aster DEX Sees $64B in Leveraged Trading
Bitcoin (BTC) and Ethereum (ETH) inched higher on Tuesday, supported by derivatives data signaling a tentative bullish bias, while the new decentralized exchange Aster drew heavy leveraged activity despite its token showing limited price movement.
BTC traded near $112,900, up 0.78% over 24 hours, and ETH hovered around $4,150, gaining 1.1%. Futures open interest increased from $29 billion to $31 billion, suggesting traders are positioning for potential upside.
Altcoins dominated trading volume, with Aster posting an impressive $64 billion in daily volume, driven by its high-leverage offerings of up to 300x.
The session highlights a consolidating market following Monday’s recovery, with participants closely watching BTC and ETH derivatives alongside high-leverage altcoin platforms for early momentum signals.
