Bitcoin ‘created’ 154 new millionaires per day in 2024

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Bitcoin 'created' new millionaires per day in
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Bitcoin ‘created’ 154 new millionaires per day in 2024
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THE Bitcoin had an extraordinary year in 2024breaking records and transforming lives. Cryptocurrency has reached a new historic high of more than $73,000 in the middle of the year and surpassed the psychological mark of $100,000 in December. These advances directly reflected the increase in millionaires in the cryptocurrency market.

According to a survey by Finboldthe year saw the creation of 154 new addresses holding more than $1 million in Bitcoin per daytotaling approximately 56,325 millionaire addresses between December 31, 2023 and December 31, 2024. The increase represents a leap in 58.21% in the number of millionaire addresses.

During 2024, the greatest growth occurred in addresses with values ​​between US$1 million and US$10 millionwhich added 48,738 new addresses. Others 7,587 addresses surpassed the mark of US$10 million. This consolidates Bitcoin as a powerful wealth generation tool.

In absolute terms, the total number of new Bitcoin addresses increased 12.79%with an average of 27,000 new addresses per day. However, growth was more modest compared to 2023when almost 70,000 millionaire addresses emerged. This is an increase in 22.85% in relation to 2024.

Factors that influenced the growth of Bitcoin

Bitcoin’s performance in 2024 was partially driven by the approval of Bitcoin ETFs by the SEC and for the re-election of Donald Trump. This event brought hopes of an administration more favorable to blockchain technology.

Furthermore, the events encouraged companies to invest more in cryptocurrency, with emphasis on the MicroStrategyMetaplanet and other market giants.

Another factor was the high adoption of smaller cryptocurrencies such as altcoins and memecoinswhich attracted investors looking for quick returns. Despite this, the Bitcoin continued to demonstrate its relevance as the main digital asset, especially for those looking for a secure store of value.

Although the number of millionaire addresses does not exactly correspond to the number of people rich in Bitcoin – due to the possibility of multiple addresses per person or co-ownerships – the impact on the market is undeniable.

Bitcoin continues to be one of the most important protection tools against inflation and economic uncertainty, consolidating itself as an attractive option for investors around the world.

With a total increase of 153.21% in price between 2023 and 2024, Bitcoin is expected to remain one of the most sought after assets, both by institutional and individual investors.

Bitcoin ‘created’ 154 new millionaires per day in 2024

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Bitcoin ‘created’ 154 new millionaires per day in 2024

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Bitcoin ‘created’ 154 new millionaires per day in 2024

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