Experts Call This Cheap Crypto a Must-Have as Bitcoin (BTC) Reclaims $87,000
The post Experts Call This Cheap Crypto a Must-Have as Bitcoin (BTC) Reclaims $87,000 appeared on BitcoinEthereumNews.com.
Bitcoin has recovered the $87,000 mark in response to rising market expectations that Federal Reserve Chairman Jerome Powell might suggest the need for another rate cut in December. According to the CME FedWatch indicator, the probability of a rate cut by 25 bps now exceeds 67%. As the stability of Bitcoin improves, market participants are eagerly scouring the cryptocurrency news headlines for the promising opportunities for high growth. Such developments have resulted in the flow of investment resources towards the DeFi projects that are in the nascent stage but possess immense utility like Mutuum Finance (MUTM). Powell & the Rate Cut According to Barclays Research, despite the obvious split within the Federal Reserve ranks, Powell is expected to guide the body towards cutting rates in December. Federal Reserve members Bowman & Waller seem to favor the cut, while some members like St. Louis Fed President Alberto Musalem think the body should maintain its steady approach. Of course, the whole uncertainty has been damped by Treasury Secretary Scott Bessent’s dismissal of recession fears & observation that inflation on imported goods is also flat. Such macrotrend developments have been big tailwind contributors for the crypto market. Analysts suggest that the recent recovery from the low levels of $81,000 in Bitcoin indicates the confidence of the buyers. There are also expectations for some sort of market consolidation before reaching the $90,000-$96,000 mark. Smart money is also entering projects that maintain good fundamentals in the market in search of the next big crypto breakout. Mutuum Finance (MUTM) Experiences Enormous Presale Rise Amid the mergers of major assets, one of the notable candidates for the best crypto to buy at present is the Mutuum Finance (MUTM). This project has cultivated considerable momentum by securing a cumulative amount of $19,020,000 from the presale that began. Present…
Filed under: News - @ November 28, 2025 4:25 pm