<ul><li>The recent surge in Bitcoin's price has sparked renewed interest in the crypto lending sector, particularly in decentralized finance (DeFi) applications.</li><li>Bitcoin's funding rate has increased more than tenfold since June, indicating a growing demand for leverage as the cryptocurrency's value has doubled this year.</li><li>Despite past challenges and failures in the lending sector, recent data shows a revival with crypto lending activity nearly tripling in the first nine months of 2024 compared to the previous year.</li><li>DeFi platforms manage nearly $31 billion in loans, while centralized providers account for $5.8 billion, with lending levels still lower than in 2021.</li></ul>

Bitcoin Rally Fuels Demand For Crypto Loans: Lending Sector On The Rebound

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