On Thursday, Bitcoin surged to $120,132, a seven-week high, further strengthening its October rally. Within 24 hours, the world’s largest cryptocurrency gained approximately 4%, breaking through the key resistance level of $117,500 and heading towards the symbolic $120,000 mark.
At this price, Bitcoin’s market capitalization has risen to $2.37 trillion, surpassing Amazon’s, and the total cryptocurrency market capitalization has expanded to $4.16 trillion. This rally also boosted altcoins, with Ethereum, Solana, Ripple, and Dogecoin all posting gains of 5%-6%. Analysts generally believe that the potential for a Federal Reserve rate cut is the primary driver of the rally. Recent weak US jobs data has fueled speculation that policymakers will ease monetary policy later this month, further strengthening Bitcoin’s appeal as a hedge against economic uncertainty.
Meanwhile, the UK-registered platform MSP Miner announced the launch of BTC and XRP contracts. Users don’t need to sell their existing crypto assets; simply deposit and activate the contract to earn stable passive income, with daily returns reaching up to $7,700 USD, opening up a new channel for investors to grow their value.
About MSP Miner
Registered in the UK in 2018, MSP Miner has established hundreds of clean energy mining farms worldwide and accepts payments in a variety of major cryptocurrencies, including BTC, XRP, DOGE, ETH, and SOL. Transparent returns and secure funds allow users to participate in mining with a low barrier to entry and earn a stable passive income.
The main advantages of MSP Miner include:
- Security and Stability: The platform utilizes McAfee® and Cloudflare® technologies and uses offline cold wallets for asset storage. This multi-layered security system provides professional-grade security for user accounts.
- Energy Efficiency: MSP Miner is 100% solar-powered (solar, wind, and hydropower). This reduces CO2 emissions and eliminates the energy consumption of traditional mining, ensuring a stable and reliable mining environment.
- Compliance and Transparency: The security and transparency of mining and energy information ensure reliable and stable data and services.
- Payment Methods: Supports cryptocurrencies and cryptocurrencies within cryptocurrencies, including BTC, ETH, DOGE, SOL, XRP, USDC, LTC, and USDT.
- Affiliate Program: Invite friends to earn 3% + 2% lifetime referral commissions, with a maximum bonus of $50,000.
How to Start Earning Passive Income?
Register
Fill in the required information to create an account on the platform. Upon registration, you will receive a $15 bonus.
Choose Your Plan
Select a mining contract that suits your budget and contract length.
After purchasing a contract,
the system automatically contributes computing power to the mining pool, and profits are automatically deposited into your account within 24 hours. Upon contract expiration, the principal is automatically returned.
Selected Contracts and Potential Returns
| Contract Type | Contract Price | Contract Term | Daily income | Total proceeds at maturity |
| New User Experience | $100 | 2 days | $4 | $100 + $8 |
| Entry Contract | $500 | 6 days | $6.25 | $500 + $37.50 |
| Intermediate Contract | $2,700 | 15 days | $38.07 | $2,700 + $571.05 |
| Advanced Contract | $5,000 | 25 days | $75.50 | $5,000 + $1,887.50 |
| Top Contracts | $10,000 | 33 days | $169 | $10,000 + $5,577 |
| Top Contracts | $50,000 | 43 days | $965 | $50,000 + $41,495 |
| Quantum Contracts | $100,000 | 45 days | $2,050 | $100,000 + $92,250 |
Click here to learn more about MSP Miner mining contract options.
Conclusion
October has historically been one of Bitcoin’s strongest months, and traders are betting on this trend continuing. If the current upward momentum continues, breaking through $120,000 could not only open the door to a new round of gains, but could even propel Bitcoin to new highs. Meanwhile, UK-registered MSP Miner, powered by renewable energy, provides users with a secure, transparent, and efficient cryptocurrency investment platform, making it a valuable option for investors seeking stable returns.
For more information, please visit:
Official Website: https://mspminer.com/
Official Email: info@mspminer.com
Disclaimer
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including loss of capital. Readers should conduct independent research before making investment decisions.
Crypto Press Release Distribution by BTCPressWire.com