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Bitcoin’s Surge Led to Widespread Liquidations, Prompting Investors to Turn to Arc Miner

On October 5th, Bitcoin surged sharply, returning to a recent high of approximately $125,000. This triggered a surge in forced liquidations within a short period of time—monitoring shows hundreds of millions of dollars liquidated in the past 24 hours, with reports indicating that 120,000 traders were liquidated.

This market rally was driven by macroeconomic uncertainty stemming from the US government shutdown and inflows of ETFs and institutional funds. Therefore, some investors have begun to turn to cloud mining platforms like Arc Miner that feature “daily settlement” in order to seek more stable passive income.

Why Choose Arc Miner?

How to Get Started?

  1. Visit the Arc Miner official website and create an account.
  2. Securely connect your digital wallet for fast deposits and withdrawals.
  3. Choose from a variety of mining contracts to suit your budget and schedule.
  4. Start mining – your profits will be paid daily to your crypto wallet.

About Arc Miner

Arc Miner is a leading global cloud mining service provider, providing fast, secure, and environmentally friendly cryptocurrency mining solutions to 7 million users in over 100 countries. With cutting-edge technology and professional service, we’ve become a trusted leader in the global cloud mining industry.

Summary

If you’re looking for ways to increase your passive income, Arc Miner is the best choice. Arc Miner can help you grow your cryptocurrency wealth on autopilot with minimal time investment. Passive income is the goal of every investor and trader, and Arc Miner helps maximize your passive income potential more easily than before.

For more information, visit https://arcminer.com/ or download the app.

The post Bitcoin’s Surge Led to Widespread Liquidations, Prompting Investors to Turn to Arc Miner appeared first on Cryptonews.

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