Ethereum Soars Past $4K - $4.5K Target in Sight as Mutuum Finance Emerges as Top Crypto Pick

Ethereum blasts through psychological barrier as bullish momentum builds

The $4,000 breakthrough signals renewed institutional confidence in smart contract platforms. Market analysts point to strengthening fundamentals and growing DeFi adoption as key drivers behind ETH's latest surge.

Mutuum Finance captures investor attention amid market rotation

While Ethereum dominates headlines with its technical breakout, Mutuum Finance quietly builds momentum as the dark horse contender. The protocol's innovative lending model appears to resonate with yield-hungry investors seeking alternatives to traditional finance's paltry returns.

Traders position for next leg up as technicals align

The $4,500 price target now sits within striking distance, with few resistance levels standing between current prices and new yearly highs. Meanwhile, Mutuum Finance's growing ecosystem suggests this might be more than just another flash-in-the-pan altcoin.

In a market where Wall Street still can't decide if crypto is a revolution or a scam, smart money keeps stacking gains while traditional finance debates semantics.

Trump’s tariffs force strategic adjustments for Mercedes

The new U.S. 15% import duty on European cars that took effect September 1 drove up costs at a critical time for the company. Ola Källenius, the chief executive, told analysts on a call that the company has been working to manage the impact.

“We are very aware of the challenges,” Ola said. “We have a plan.” He said the company WOULD continue to focus on efficiency and the “introduction of an array of new models.”

Earlier in July, Mercedes cut its earnings projection for the year because of the U.S. tariff environment.

The same pressure affected BMW, Volkswagen, and Porsche, forcing all of them to reassess whether expanding production inside the United States makes more sense than continuing to rely on imports.

Ola said the United States is still considered a growth market, and confirmed that Mercedes is reviewing whether to expand production beyond its existing SUV plant in Alabama.

When asked if the company will raise prices in the U.S. to offset increased import costs, he declined to provide details.

Shares of Mercedes ROSE 3.8% in early trading on the German exchange following the release of the results. The movement came after the company confirmed it would repurchase €2 billion worth of shares. Analysts had expected a buyback, but the size of the program stood out. Patrick Hummel, an analyst at UBS, said in a note that “the relatively high amount sends a signal of confidence.”

Chinese sales slump as local EV rivals gain ground

China continues to be the company’s weakest market. Sales in the country were down 27% in the third quarter. Mercedes faces slowing demand from local buyers and intense competition from BYD, Xiaomi, and other Chinese brands that are expanding in the EV space.

To respond, Mercedes plans to launch a semi‑autonomous model in China later this fall. The automaker also plans to introduce more than 40 new vehicles next year, spanning electric, hybrid, and V‑8 combustion engine models. This marks a shift away from its previous push toward an electric‑only future.

At the same time, the restructuring program has sparked major workforce changes inside the company. Harald Wilhelm, the chief financial officer, said on the call that “a lot of workers are expected to leave the company by the end of the year.”

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