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Bitcoin (BTC) Retests $109K on July Rate Cut Hopes, While Mutuum Finance (MUTM) Prepares for a Big Price Leap in Phase 6

2025-07-10 10:07:19

Bitcoin (BTC) Retests $109K on July Rate Cut Hopes, While Mutuum Finance (MUTM) Prepares for a Big Price Leap in Phase 6

Main Idea

Bitcoin (BTC) retests $109K amid July rate cut hopes, while Mutuum Finance (MUTM) gains attention with its Phase 6 token price increase and DeFi lending platform.

Key Points

1. Bitcoin (BTC) retested $109,000, up 2.3% daily, driven by hopes of a July Federal Reserve rate cut following weak U.S. payroll data.

2. A bullish engulfing candle and $407M in ETF inflows, led by Fidelity’s $183.96M, signal a potential 1.3x rally to $140K.

3. Mutuum Finance (MUTM) is gaining attention with over $12.00 million raised and more than 68% of Phase 5 tokens sold, with Phase 6 set to raise the token price to $0.035.

4. Mutuum Finance (MUTM) features two lending engines: P2C (peer-to-contract) and P2P (peer-to-peer), focusing on real DeFi mechanics.

5. The platform has partnered with CertiK for security and transparency, offering a $50,000 Bug Bounty Program.

6. A prominent Ethereum (ETH) whale moved $150,000 into Mutuum Finance (MUTM), and a crypto analyst forecasts a post-listing price target of $0.70 for MUTM.

Description

Recently, Bitcoin (BTC) retested $109,000, up 2.3% daily, with a $2.07T market cap, driven by hopes of a July Federal Reserve rate cut following weak U.S. payroll data. A bullish engulfing candle and $407M in ETF inflows, led by Fidelity’s $183.96M, signal a potential 1.3x rally to $140K. However, a hotter-than-expected jobs report, adding 147,000 nonfarm jobs, reduced rate cut odds to 4.7%, with resistance at $110,900 risking a drop to $105K. Trump’s pro-crypto policies and a weakening U.S. dol...

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