#OnChainLendingSurge According to PANews, recent data from Token Terminal indicates that the total active loans in the on-chain lending market have reached an all-time high, surpassing $20 billion. The previous record was set in December 2021.

Bitcoin price is back around the support at $92,000 - January 9, 2025.

Bitcoin price against the dollar (4H)

A rebound is possible around this support, and in this case, the price could return to the resistance at $99,000. On the other hand, if the support is broken, the price could reach the next support at $89,000. The RSI is sliding below the bullish trendline. A reaction is needed here to avoid having a momentum that weakens further.

January 9, 2025$BTC