Bitcoin News Today: Bitcoin Surges 4% to $118,416 on Pro-Crypto Legislation and Institutional Inflows

Bitcoin (BTC) is currently trading at around $118,416, slightly below its recent high of approximately $119,548. This price movement follows a brief surge beyond $123,000, driven by pro-crypto legislation in Washington. The rally has been supported by significant inflows into spot Bitcoin ETFs, exceeding $15 billion to date, and increased allocations by corporate treasuries. These factors indicate heightened confidence from institutional investors, which has been a key driver of Bitcoin's recent price movements.

Analysts from Bitwise and Bernstein suggest that structural backing, supply-related constraints from mining, and the upcoming halving event could drive Bitcoin to the $200,000 level by the late 2025s. With Bitcoin gaining a strong foothold on the macro-level, supported by legal certainty and substantial financial backing, it sets the stage for faster expansion in parallel crypto sectors. One such sector that could benefit from this momentum is Mutuum Finance (MUTM), a decentralized finance (DeFi) token that has been gaining traction.

Mutuum Finance is a dual lending platform designed to cater to both active and passive DeFi users. Passive income can be generated through stable passive income-generating smart contract pools in the project’s Peer-to-Contract (P2C) lending system. Additionally, the Peer-to-Peer (P2P) model allows lenders and borrowers to exchange assets directly, without the need for a middle party. This model is particularly beneficial for users of less stable assets, such as meme coins.

Mutuum Finance's 5th round presale has already sold over 80%, with the token priced at $0.03 in this phase. The price is set to increase by 16.67% in the next phase. Over $12.7 million has been raised so far, with more than 13,700 unique token holders. This strong investor interest indicates growing confidence in the project, especially as institutional capital continues to flow into Bitcoin and retail investors seek the next big breakout in the DeFi space.

Mutuum Finance has also taken significant steps to ensure security and trustworthiness. The project has been audited by CertiK, receiving a 95.0 trust score. Additionally, a $50,000 USDT bug bounty has been launched, offering rewards on a four-level severity scale: critical, major, minor, and low. These measures demonstrate Mutuum Finance's commitment to transparency and security, further bolstering investor confidence.

To celebrate its launch and attract new investors, Mutuum Finance has initiated a $100,000 token giveaway. Ten lucky winners will receive $10,000 MUTM each, as a token of appreciation for their initial support. With over $12.7 million raised from more than 13,700 investors and an 80% sellout of its phase 5 presale allocation at $0.03, Mutuum Finance is positioning itself as a promising new token in the DeFi sector. As Bitcoin continues its climb toward $200,000, Mutuum Finance offers a potentially faster path to significant gains, with the possibility of a 100x return on investment.