Best Crypto to Buy as Bitcoin (BTC) Shows Modest Reaction to 0.25% Fed Rate Cut
The post Best Crypto to Buy as Bitcoin (BTC) Shows Modest Reaction to 0.25% Fed Rate Cut appeared on BitcoinEthereumNews.com.
The Federal Reserve 0.25% rate cut supplied new money into global markets, but Bitcoin (BTC) has acted slowly, trading close to its recent highs. Analysts say that this lukewarm move indicates while BTC is still the market leader, genuine potential in the next few months could be with up-and-coming altcoins with potential to outdo. With investors seeking the best crypto to buy in renewed “risk-on” conditions, attention is now being focused on Mutuum Finance (MUTM) as a fresh DeFi project trading at a low of $0.035. Now at Phase 6 of presale with over 80% sold and over $18.27 million raised, Mutuum Finance is rapidly being referred to as the next big crypto to keep an eye on in 2025. With its two-part lending framework, combining Peer-to-Peer and Peer-to-Contract lending, there is greater efficiency in capital and real utility compared to other speculative tokens. With the Fed move serving as a positive risk asset backdrop, analysts think initial Mutuum Finance buyers may be positioning themselves for one of the year’s best crypto to buy opportunities and strongest DeFi breakouts. Bitcoin (BTC) Bounces Near $111K Following Fed Rate Cut Bitcoin (BTC) stands at about $111,323, with minimal to no reaction to the recent Fed rate cut, and actually down by about 2% within the past 24 hours. As much as there is increased trading volume and overall risk-on sentiment, BTC is still bounded below pivotal resistance, the Ichimoku Cloud and the 100-day moving average (100MA), with the 200-day moving average (200MA) being the key support. A break over the Cloud and 100MA would confirm fresh strength, but a fall beneath the 200MA could set in motion deeper losses. As Bitcoin takes a break, investors are busily searching for the next big crypto with greater upside than the currently limited gains of…
