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Study: The number of crypto millionaires has exceeded 170,000 people ✅.

Study: The number of crypto millionaires has exceeded 170,000 people ✅.

Aug-28-2024 08:19:26 AM

A new study conducted by New World Wealth and investment firm Henley & Partners found that the number of crypto millionaires nearly doubled in a year - an increase of 95%.

According to the report, the number of people whose wallets hold digital assets worth more than $1 million has exceeded 172,000.
This is due to the significant growth of the cryptocurrency market - in March, the bitcoin rate reached $73,800.

Analysts also noted the emergence of new investment instruments, such as spot exchange-traded funds (ETFs) for bitcoin and ether, which attracted new investors to the industry and also influenced the growth of cryptocurrency rates.