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Billionaires Are Buying This Cryptocurrency That Could Soar 116% by Year's End, According to This Analyst
Written byMarket Vision
Thursday, Sep 19, 2024 5:31 am ET1min read
The crypto market has witnessed a remarkable surge in wealth creation, with a 95% increase in the number of crypto millionaires over the past year. This growth has been driven by factors such as the rapid expansion of bitcoin exchange-traded funds (ETFs) and institutional participation. As a result, there are now 172,300 individuals worldwide holding more than $1 million in crypto assets, including 85,400 pure bitcoin millionaires. Furthermore, the ranks of crypto centimillionaires and billionaires have grown, with 325 and 28 individuals respectively, according to a report by New World Wealth and Henley & Partners.
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