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12.05 / 10:13

Digital Bitcoin, Avalanche to Solana, cryptocurrencies stabilize after plunging on Terra, DeFi exodus

Cryptocurrencies steadied after the woes of the TerraUSD stablecoin triggered a flight from many popular digital tokens. Bitcoin climbed back to about $29,000 on Thursday from the lowest since 2020. Tokens like Avalanche and Solana that underpin some key decentralized finance protocols posted double-digit percentage gains.

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