Coinbase now offers fixed-rate BTC loans.

This is a direct import from traditional credit markets, running on-chain via Morpho. It removes the risk of sudden borrowing cost spikes, common in DeFi. It’s deployed on a loan book already exceeding $1.4 billion.

This isn't just another leverage tool. It’s plumbing for users who demand certainty. Infrastructure that onboards capital unable to stomach variable rates. A fixed rate won't stop a liquidation, though.

Bullish news. But BTC sits under its 20-day EMA at $84,643. Which one is lying?

$BTC

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