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Borrowing is replacing selling. Nexo’s loan book hit $2.03B (+69% YoY) as the post-election rally pushed demand for crypto-backed loans to new highs. Bitcoin still makes up 54% of collateral — but altcoins are quietly climbing to 32% as prices surge.

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Continue ReadingBorrowing is replacing selling. Nexo’s loan book hit $2.03B (+69% YoY) as the post-election rally pushed demand for crypto-backed loans to new highs. Bitcoin still makes up 54% of collateral — but altcoins are quietly climbing to 32% as prices surge.