Altcoins leading the recovery wave: ASTER, DCR, and KAS accelerate as Bitcoin holds steady at 70,000 USD
The cryptocurrency market is recording positive signals in the past 24 hours as Bitcoin (BTC) remains stable above the psychological threshold of 70,000 USD, creating a foundation for capital to return to the altcoin group. In this context, Aster (ASTER), Decred (DCR), and Kaspa (KAS) have emerged as leading names driving the short-term recovery rhythm.
Previously, BTC had adjusted deeply to the 60,000 USD area at the end of last week, causing widespread selling pressure. However, the rapid rebound afterward has significantly improved investor sentiment. Nevertheless, from a technical perspective, the current rise of the altcoins is more of a 'technical recovery' rather than the beginning of a sustainable upward trend, as new demand is not yet clearly evident.