Bitcoin Defends $112K; OG and ASTR See Sharp Gains

Crypto Market Gains Ground: OG and ASTR Lead as Bitcoin Holds $112K

The crypto market regained composure over the past 24 hours, with bitcoin (BTC) holding crucial support at $112,000. While BTC maintained this level, it continues to trade below its 50-day simple moving average, signaling potential near-term pressure.

The broader market mirrored bitcoin’s cautious recovery. The CoinDesk 20 Index rose over 1%, driven by a 50% surge in OG, the token of decentralized AI platform Og AI (Zero Gravity). Avalanche’s AVAX climbed 10%, with other notable gainers including MNT, ASTR, CRO, NEAR, and XLM.

Investors appear to be selectively rotating into high-momentum altcoins as bitcoin consolidates near key support, suggesting a mixed but cautiously optimistic market sentiment.