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Which crypto will rally alongside ETH as Bit Digital raises $162.9M to buy more ETH?

2025-07-06 09:47:38

Which crypto will rally alongside ETH as Bit Digital raises $162.9M to buy more ETH?

Main Idea

Bit Digital's $162.9M capital raise to acquire Ethereum signals institutional demand, while Mutuum Finance (MUTM) gains traction in its presale with strong growth potential and innovative DeFi solutions.

Key Points

1. Bit Digital raised $162.9 million to acquire more Ethereum, highlighting institutional demand for ETH due to its staking yields and deflationary design.

2. Mutuum Finance (MUTM) is in Phase 5 of its presale, priced at $0.03 (a 200% increase from Phase 1), with $11,700,000 raised and over 12,700 holders.

3. Mutuum Finance (MUTM) offers innovative DeFi lending solutions, emphasizing transparency and liquidity, with a projected post-launch price of $2.50 in 2025.

4. The platform has completed a CertiK audit with a 95.00 security score and is launching a Bug Bounty Program with $50,000 in rewards.

5. Mutuum Finance (MUTM) is also developing a USD-pegged stablecoin on Ethereum to provide stability against crypto volatility.

Description

Bit Digital’s recent $162.9 million capital raise to acquire more Ethereum signals robust institutional demand for the top cryptocurrency. This move underscores Ethereum’s growing appeal as a balance sheet asset, driven by its 3–5% staking yields and deflationary design. Meanwhile, Mutuum Finance (MUTM) is gaining traction in the crypto market, with its presale in Phase 5 at $0.03 per token. Having raised $11,700,000 and attracted over 12,700 holders with 580 million tokens sold, Mutuum Finance ...

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$FORM
$2.7278
-2.93%
$ETH
$2545.45
+2.14%

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