Bitcoin Updates: While Bitcoin Declines, DeFi Project Mutuum Surges Thanks to Presale Buzz
- Bitcoin fell below $100,000, triggering extreme fear as the Fear & Greed Index hit 10, its lowest since February 2025. - Mutuum Finance (MUTM) raised $18.7M in its presale, with Phase 6 nearing 99% allocation at $0.035 (250% above initial price). - The project plans a Q4 2025 protocol launch on Ethereum’s Sepolia testnet, aiming to address traditional credit market gaps via DeFi. - Analysts warn Bitcoin’s bearish trend could persist until mid-2026 due to weak institutional demand and leveraged liquidatio
The cryptocurrency sector is currently undergoing significant turbulence, as Bitcoin's recent dip below the $100,000 threshold has triggered widespread anxiety among market participants. The
Amid this market upheaval, some projects are struggling while others are gaining momentum. Mutuum Finance (MUTM), a decentralized protocol for lending and borrowing on
Conversely, Bitcoin’s downward trend has fueled speculation about a sustained correction.
The contrast in performance between established cryptocurrencies and structured DeFi initiatives like Mutuum Finance points to a shift in investor focus. As Bitcoin faces macroeconomic challenges,
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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