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The number of people who became millionaires thanks to bitcoin has doubled in a year

6:13 pm, April 15, 2023

In the second quarter, bitcoin continued to grow, increasing by more than 80% since the beginning of the year. on April 11, the asset surpassed $ 30,000 for the first time in 10 months. This led to an increase in the number of bitcoin millionaires.

In the first half of this month alone, more than 50,000 new users have appeared who own BTC worth more than $ 1 million, according to Finbold. Thus, as of April 14, the figure is 80,659, which is 187% more than on January 5.

According to the analytical portal BitInfoCharts, 74,912 addresses have bitcoins worth more than $ 1 million on their balance sheets, while another 5,747 addresses contain assets worth more than $ 10 million.

Despite the banking crisis that began in March and the regulatory uncertainty surrounding the Binance crypto exchange, bitcoin continued to grow, reaching $ 31,000 on April 14. Yesterday, the rate was adjusted to $ 30,211, down 0.57% overnight, but the weekly growth was 7.6%.

At the same time, Bernstein analysts note that investors are showing less interest in bitcoin than in gold, despite the cryptocurrency’s much higher yield.

Mike Novogratz, CEO of Galaxy Digital, believes that bitcoin could rise to $ 40,000 after the US central bank ends its interest rate hike cycle. In late March, he also named BTC and ETH as the best investments for retail investors.

BTC

$76,138.38

-0.94%

ETH

$2,312.32

-2.26%

BNB

$623.33

-1.64%

XRP

$1.42

-0.86%

SOL

$85.55

-1.49%

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