Ethereum price is slipping sharply, trading near $3,830 after a steep 9% decline in 24 hours. The downturn has extended losses to nearly 16% this week, wiping out much of the gains made earlier this month when ETH touched $4,760. Bitcoin has also retreated close to $108,000, sparking broad weakness across the top cryptocurrencies.
The move has reignited questions on what crypto to buy now as investors weigh whether Ethereum can rebound or if hedging with a new crypto coin, such as Mutuum Finance (MUTM), may offer a stronger opportunity.
Ethereum Price Weakness
Ethereum has been struggling to hold support, with the On-Balance Volume indicator breaking down. This signal has pointed to fading buying pressure, suggesting that downside risks remain elevated. Moreover, the weekly chart shows ETH testing a critical level where failure to recover may send prices toward $3,500.
Ethereum’s losses are being mirrored across top altcoins, reflecting wider fragility in crypto prices today. XRP has dipped 6% to $2.78, breaching a key trend line. Solana, which recently staged a strong rally, has lost ground again, falling 7% to hover around $197. Meanwhile, Binance Coin (BNB) is retracing from its record highs, sliding to $964, down 5% in a single session.
The pullback across these crypto coins highlights why crypto is down today. Global markets are also under pressure, and this has spilled over into digital assets. For traders, the current action raises doubts about short-term recoveries while reinforcing uncertainty over whether crypto is a good investment in the immediate horizon.
New Cryptocurrency Mutuum Finance (MUTM)
Against this backdrop, attention is shifting toward new cryptocurrency presales that are gaining momentum. Mutuum Finance (MUTM) is in Phase 6 of its presale, currently 50% filled. The token price stands at $0.035, already 250% higher than the opening phase price of $0.01. Since the presale began, $16,500,000 has been raised, and total holders have reached 16,620.
Phase 6 is selling out fast, and once it concludes, Phase 7 will begin at $0.04, a 14.3% increase. By launch, the token is set to list at $0.06, giving current buyers potential returns of about 385%. This progression means the window to buy at a discount is closing quickly.
Notably, the team has finalized its CertiK audit, securing a token scan score of 90/100, reflecting strong security practices. In addition, Mutuum Finance has launched a $50,000 bug bounty program with CertiK, offering rewards for finding vulnerabilities across four severity tiers. A new dashboard is also live, showcasing a leaderboard where the top 50 holders receive bonus tokens.
To mark the presale, Mutuum Finance is running its largest giveaway yet, with $100,000 in MUTM tokens allocated to 10 winners, each receiving $10,000. Entry requires a wallet submission, completion of all steps, and a minimum $50 investment in the presale to qualify.
What Is Going On With Crypto Today
While Ethereum and other top cryptocurrencies are reeling from volatility, Mutuum Finance is demonstrating steady growth through its presale. Investors questioning which crypto to buy today for long-term gains are finding that ETH’s near-term risks make it less attractive compared to a project with a defined roadmap and audited security.
The downturn has sparked fresh debate over what is the best cryptocurrency to invest in during market turbulence. For many, the answer lies in new crypto coins that combine innovation with early entry pricing. Mutuum Finance appears positioned to capture that role, offering investors both utility and growth potential.
In summary, Ethereum’s price dip to $3,830 highlights ongoing uncertainty, while Mutuum Finance’s progress shows why new cryptocurrency projects are drawing attention. Investors looking for the best crypto to buy now may find that hedging into MUTM offers both security and significant upside as the presale continues.
For more information about Mutuum Finance (MUTM), visit the links below:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance
The post Ethereum Price Dips to $3,830; Can ETH Recover Soon or Should You Hedge With This New Crypto Coin? appeared first on Cryptonews.
