In the early hours of the morning, bitcoin fell below the key support level of $110,000, down nearly 4%; ethereum fell below the $3,900 mark, plunging more than 7% during the day, hitting a new low of nearly seven weeks.CoinGlass showed that in the last 24 hours, there are nearly 290,000 people around the world to burst their positions, with a total of more than $882 million in the total value of the positions, with the ethereum investor being the largest cryptocurrency holders to burst their positions in the amount of money.
Historical data shows that September is usually one of the weakest performing months for risky assets, with Bitcoin falling against the US dollar in September for six consecutive years between 2017 and 2022.
The main reason for this is that macroeconomic indicators such as the U.S. GDP and initial jobless claims exceeded expectations, hitting the market’s expectations for interest rate cuts, while news negative factors such as the conflict between Russia and NATO, Trump’s announcement of a new round of tariffs on pharmaceuticals, and the U.S. regulator’s investigation of crypto companies, exacerbated the market’s panicky sentiment, in addition to the cooling down of the institutional inflow of funds, and the short-term pressure shown by cryptocurrencies such as Ether and other technical indicators, as well as the a large number of open positions expired, a combination of factors led to this sharp decline in the market and the bursting of positions.
And how do smart investors do it right?
As many investors have invested cryptocurrencies in the XIUSHAN MINING cloud mining, not only unaffected, but also gained a lot of profit.
Why xiushan mining?
- xiushan mining has more than 800 regular contracts.
- Easy to operate and highly profitable. Newbies can browse the website on their first day, open an account, buy contracts and start earning immediately. The platform is cloud-based and uses automated smart operations.
- Investors do not need to purchase mining hardware and can start making profits without any industry experience or ongoing involvement.
- Users can earn passively while working, resting or traveling.
- xiushan mining is legally compliant and holds a verifiable FMA Market Services License, ensuring compliance and the highest service standards.
- 9.7+ user trust rating indicates satisfactory and trustworthy mining efficiency.
- The smooth withdrawal process has allowed many investors to renew their cloud mining contracts with xiushan mining over and over again.
How to start xiushan mining?
- Instant Signup Bonus: New users get a $15 bonus when they sign up. 2.
- Flexible Deposit and Withdrawal Methods: xiushan mining supports a wide range of cryptocurrencies including Dogcoin (DOGE), Bitcoin (BTC), Ethereum (ETH), SOL, Ripple (XRP), US Dollar (USDC), Litecoin (LTC), USDT-TRC20 and USDT-ERC20. 3.
- Purchase Contracts: Users only need to purchase contracts, no need to purchase equipment and maintain the miner. 4.
- Waiting for earnings: Users do not need to do anything else, they can check their earnings on the dashboard every day.
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Simple and easy-to-use mobile control panel for newbies and experienced investors. Click on the official website for more details.
Summarize
With the instability of the cryptocurrency market, choosing xiushanmining cloud mining is the best way for you to invest. xiushanmining allows you to not feel uneasy about bursting your position, but instead, you can still get a good return on your investment.
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Offizielle Website: https://xiushanmining.com/
Contact Email: info@xiushanmining.com
Quellen: PublicDomain am 28.09.2025
