Bitcoin News Today: Bitcoin Holds $121,595 Support as Altcoin MUTM Gains 6.1% Weekly Momentum

Bitcoin’s (BTC) recent consolidation at $121,595 has provided a stabilizing effect for the broader crypto market, with a 6.1% weekly gain as of August 14, 2025 [1]. The move has been supported by strong ETF inflows, particularly from BlackRock’s IBIT, which added $310 million in a single day, bringing total assets under management to $55 billion [1]. On-chain metrics further reinforce the bullish sentiment, with whale accumulation reaching 19,800 BTC ($2.4 billion) and exchange reserves hitting a three-year low, signaling a tightening supply environment [1]. Meanwhile, trading volume surged 25% to $72.46 billion, highlighting increased institutional participation [1].

In this context of market consolidation, dip-buyers are turning their attention to altcoins with strong utility and demand-generating mechanics. One such project gaining traction is Mutuum Finance (MUTM), a decentralized, non-custodial lending protocol built on a Layer-2 network. MUTM aims to combine the speed and cost efficiency of Layer-2 with deep DeFi utility by enabling users to earn interest through liquidity pools and access overcollateralized loans without surrendering asset exposure [1]. Unlike traditional systems, MUTM’s pooled-liquidity model allows for automatic interest rate adjustments based on pool utilization, ensuring continuous yield opportunities for lenders [1].

The protocol also features a decentralized stablecoin pegged to $1, which is minted against approved collateral and governed by dynamic interest rates to maintain the peg. If the stablecoin drifts above or below the $1 target, arbitrage opportunities and rate adjustments will automatically rebalance the system [1]. This mechanism not only enhances security through overcollateralization but also introduces additional demand for MUTM tokens via staking and governance incentives.

Currently in Phase 6 of its presale, MUTM is priced at $0.035 per token. With over $14.43 million in commitments from more than 15,300 holders, the project is on track to trigger a 15% price increase once the 17% allocation is sold [1]. Investors allocating $750,000 today would secure 21.42 million MUTM tokens, which, if the token reaches $1—a target aligned with crypto predictions for high-utility, exchange-listed assets—could translate into $21.42 million in value [1]. The beta launch is set to coincide with full exchange trading, allowing early adopters to test lending, borrowing, and stablecoin functions in a live environment, building organic traction before major listings on platforms like Binance, KuCoin, and Coinbase [1].

MUTM’s tokenomics model is designed to create continuous buy pressure through a built-in buy-and-distribute mechanism. A portion of every transaction fee is used to repurchase tokens from the open market, which are then distributed to mtToken stakers. This self-reinforcing cycle is intended to align long-term holder incentives with platform growth [1]. Analysts have noted that such models can drive demand in ways that many Layer-1 and Layer-2 projects struggle to replicate [1].

As Bitcoin consolidates and macro risks persist—including U.S. tariffs and $228 million in liquidations—projects like MUTM offer investors an alternative narrative. With a clear roadmap spanning presale, beta launch, and institutional partnerships, MUTM is positioning itself as a high-upside asset with built-in demand drivers. For dip-buyers, the focus is shifting from short-term volatility to projects with measurable progress and upcoming liquidity events, as Bitcoin’s support level holds and altcoin momentum builds [1].

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[1] Dip-buyers back $0.035 token to hit $1 as BTC holds $121,595 support. https://invezz.com/news/2025/08/16/dip-buyers-back-0-035-token-to-hit-1-as-btc-holds-121595-support/