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The digital asset market recorded a significant shift as RAVE saw $30.6 million in derivatives liquidations, while Bitcoin pushed higher toward the $76,000 level. Hedera (HBAR) and Stellar (XLM) emerged as top performers within the CoinDesk 20 index, posting gains of 1.4% and 1.5% respectively, as the index reached 2,125.52. Additionally, Polkadot (DOT) jumped 10% following updated tokenomics and the fading of security concerns. This recovery aligns with a broader 'risk-on' sentiment as Asian equities recouped geopolitical losses, supporting gains in altcoins like Ether and Solana. Analysts are now monitoring the market's capacity to absorb localized pressure in RAVE against the backdrop of improved fundamental demand and Bitcoin's upward trajectory.
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