๐Ÿš€ Defi lending platforms see a spike in stablecoin borrowing rates, signaling a market rebound and potential arbitrage opportunities! ๐Ÿ“ˆ

- Interest rates for borrowing stablecoins like USDC and Tether exceed 10% on Aave, indicating increased trader willingness to borrow at higher costs.

- Perpetual futures market funding rates for contracts betting on token price increases, such as Ripple's XRP, have tipped into positive territory.

- Bitcoin logs a 28% rise in October, fueling expectations for regulatory advancements like potential approval of Bitcoin ETFs by the US SEC.

๐Ÿค” What do you think about these market trends? Share your thoughts in the comments below! ๐Ÿ’ฌ