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Crypto Market Sees Recovery as Bitcoin Surges Above $80K

Guavy AI Editorial Team
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The crypto market showed signs of recovery on August 25, with Bitcoin's price surging above $80,692 and Ethereum holding steady at around $2,508.

This upward trend was met with a sharp spike in liquidations on derivatives platforms, with over $646 million in positions closed across exchanges.

Cosmos Labs issued an alert to validators of Cosmos EVM networks, recommending they temporarily halt operations due to a security incident. In related news, Base launched tokenized Apple and NVIDIA shares under the B20 standard, allowing qualified users to hold these assets in non-custodial wallets.

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