In October 2025, the cryptocurrency market has faced significant volatility, with major digital assets experiencing declines. The global market capitalization fell by approximately 7.8% compared to the start of the month, and trading volume decreased by nearly 18% year-on-year, reflecting a bearish outlook. Bitcoin (BTC) dropped from a high of $126,000 to around $111,000, Ethereum (ETH) briefly fell below $3,400, and altcoins like XRP, Solana (SOL), and Litecoin (LTC) saw declines exceeding 9%.
Amid this downturn, cloud mining applications such as MSP Miner and IOTA Miner have surged in popularity. MSP Miner, a UK-based platform regulated by the government, offers a $15 bonus in cloud hashrate to new users, enabling mining without upfront investment. Key features include security via McAfee and Cloudflare technologies, 100% green energy usage, multi-currency support for BTC, ETH, DOGE, SOL, XRP, LTC, USDC, and USDT, and referral commissions up to $50,000. Similarly, IOTA Miner, operated by a UK team, provides a $15 sign-up bonus and emphasizes accessibility, security, and daily profit settlement, with users from over 196 countries.
User growth has been robust; MSP Miner reported a 50% increase in daily active accounts during the bear market. Analysts like Dylan LeClair and Mark Lewis note a shift from short-term speculation to passive income strategies, with quotes from users such as Anna Müller highlighting how cloud mining helped recover losses. Experts predict cloud mining will grow rapidly between 2025 and 2026, driven by the approaching Bitcoin halving cycle and demand for stable returns.
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