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Bitcoin adds 154 new millionaires daily in 2024

It is no secret that Bitcoin (BTC) had a stellar year in 2024, reaching a new all-time high (ATH) of over $73,000 in the first six months and surging past the $100,000 psychological level in December BTC investors reaped significant benefits from the rally, as Finbold research found that, between December 31, 2023, and December 31, 2024, an average of 154 addresses holding over $1 million worth of Bitcoin were created daily. The total increase in such addresses in the 366 days (2024 being a leap year) that elapsed amounts to approximately 56,325, per the data Finbold retrieved from BitInfoCharts using the Internet Archive’s Wayback Machine .  Specifically, their numbers totaled just under 97,000 on the last day of 2023 and just over 153,000 on the final day of 2024 – a 58.21% increase. In particular, a total of 48,738 addresses holding between $1 million and $10 million were added, along with 7,587 addresses holding over $10 million.  ...

Number of Bitcoin millionaires soar by 25% in 2024

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As Bitcoin (BTC) continues to trade below its all-time high of above $73,000, the maiden cryptocurrency has seen a growth in the number of millionaire holders in 2024. Currently, there are 121,089 Bitcoin addresses holding at least $1 million worth of BTC. Of these, 10,434 addresses contain holdings exceeding $10 million, data retrieved from BitInfoCharts on September 23 indicates. Bitcoin holdings distribution among addresses. Source: BitInfoCharts To put this figure into perspective, data retrieved from the platform on January 4, 2023, using the Wayback Machine web archive tool, indicates that the number of Bitcoin millionaire holders has surged by 25.21% in 2024 as per the data calculated by Finbold. Picks for you Kamala Harris finally reveals her crypto plans 41 seconds ago ...