Crypto Market Shows Recovery: OG and ASTR Surge as Bitcoin Holds $112K Support
The crypto market stabilized over the past 24 hours, with bitcoin (BTC) defending the $112,000 support level. Despite holding this key floor, BTC remains below its 50-day simple moving average, signaling potential short-term weakness.
Altcoins led the broader market’s rebound. The CoinDesk 20 Index rose more than 1%, propelled by a 50% surge in OG, the token of decentralized AI platform Og AI (Zero Gravity). Avalanche’s AVAX gained 10%, while other notable performers included MNT, ASTR, CRO, NEAR, and XLM.
Investor attention appears to be shifting toward high-momentum altcoins while BTC consolidates, reflecting a cautiously optimistic sentiment across the market.
