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The largest cryptocurrency climbed about 2.4% over the past 24 hours.
Bitcoin held above $76,000 despite heightened Iran war risks and global financial volatility.
KEY POINTS
- Recent crypto rally is attributed to genuine demand and spot ETF inflows, not leverage.
- DeFi total value locked dropped $14 billion in two days after a $292 million KelpDAO hack.
- Aave saw around $10 billion in withdrawals, linking its vulnerability to the KelpDAO exploit.
- DeFi TVL is at a year-low, about 50% below October peaks, signaling user risk aversion.
COMPANIES
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