Bitcoin hovered near $63,000 after a sharp sell-off last night. Ethereum fell to around $1,860, with trading volumes doubling in just 24 hours.
Over $670 million was liquidated across crypto markets during this period, including $533 million in long positions, according to Coinglass data. This level of volatility is pushing investors to look beyond traditional holding strategies.
The US Clarity Act has been moving forward, promising clearer rules for digital assets. Yet, these developments haven’t immediately lifted the prices of BTC or ETH as many had hoped.
Faced with unpredictable swings, more investors are turning to cloud mining platforms like EX DeFi to generate steady income. Unlike traditional mining, which demands expensive hardware and energy costs, cloud mining lowers barriers by letting users use remote computing power.
EX DeFi supports major tokens such as BTC, ETH, DOGE, and XRP. The platform automates mining and distributes returns, allowing holders to earn substantial monthly income figures reportedly reaching up to $70,000 for some users.
Such services gained traction as crypto assets fluctuated near key price thresholds since July. Cloud mining appeals by offering a hedge against market dips and unpredictable price swings.
Meanwhile, regulatory progress like the US Clarity Act may eventually stabilize the environment and encourage institutional interest, but for now, investors seem to prefer tactical approaches like automated mining.
This article is for informational purposes and not financial advice.
