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Crypto dips after Fed Powell remain mute on rate cuts, but this altcoin remains strong

2025-07-05 16:03:01

Crypto dips after Fed Powell remain mute on rate cuts, but this altcoin remains strong

Main Idea

Bitcoin and other cryptocurrencies are declining due to Federal Reserve Chair Jerome Powell's silence on rate cuts, while Mutuum Finance (MUTM) stands out with strong presale performance and innovative DeFi features.

Key Points

1. Bitcoin tumbled below $106,000, losing 2.47% in two days, as Powell's ambiguity on rate cuts fueled market unease.

2. Mutuum Finance (MUTM) raised $11,700,000 in its presale, selling over 580 million tokens to 12,700 holders, with a current price of $0.03 (up 200% from its starting point).

3. MUTM's Peer-to-Contract and Peer-to-Peer lending models, along with a planned USD-pegged stablecoin, differentiate it in the DeFi space.

4. The platform has undergone a CertiK audit and offers a $50,000 Bug Bounty Program and a $100,000 MUTM giveaway to enhance trust and engagement.

5. Analysts project MUTM's post-launch value could reach $2.50 in 2025, offering a potential 100% return for early investors.

Description

Bitcoin is tumbling below $106,000, shaking confidence across the crypto market. Federal Reserve Chair Jerome Powell’s silence on rate cut timing is fueling unease. Tensions with President Trump, who demands lower rates, are intensifying the slide. Bitcoin lost 2.47% in two days, hovering at $106,998. Other tokens are also struggling. Yet, Mutuum Finance (MUTM) is standing tall in its presale phase. Investors are rushing to this DeFi project, which has raised $11,700,000 and sold over 580 millio...

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$FORM
$2.7936
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$BTC
$108120.9
+0.63%
$ETH
$2506.75
+1.01%

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