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Bitcoin recovered to near $78,000 — but it was not leading the rebound. DeFi did. CoinDesk's DeFi Select Index rose about 5%, ahead of the wider market. Injective gained 6.2%. Venice's token added around 7%. Ether rose about 2% alongside them, while Bitcoin climbed back from a dip near $75,600. The selloff started with the midterm results. The recovery started in DeFi. When the market turns, watch what leads it back — not just what fell first.

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