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The number of bitcoin millionaires has skyrocketed 111% in the past year due to surging cryptocurrency prices, as one analyst predicts btc will rise to $150K by the end of 2024.
According to crypto Wealth crypto-wealth-report-2024″>Report According to data compiled by Henley and Partners in 2024, the number of bitcoin millionaires worldwide more than doubled in the past year to 85,400 people as of July 30.
A 95% increase in the number of cryptocurrency millionaires overall
bitcoin It's not the only cryptocurrency that has created more millionaires. According to the report, there are currently 172,300 people worldwide who own digital assets worth more than $1 million. This is an increase of around 95% from the 88,200 cryptocurrency millionaires in the same period last year.
The number of crypto-centimillionaires, or people who have accumulated more than $100 million in wealth through cryptocurrencies, has also increased. After a 79% increase, there are now 325 of these wealthy individuals.
Over the past year, the number of cryptocurrency billionaires has also increased, with prices rising across the board, giving rise to 6 new billionaires. As a result, there are currently 28 cryptocurrency billionaires. Five of these new billionaires generated their wealth from bitcoin. crypto-wealth-report-2024″>according New World Wealth's head of research, Andrew Amoils.
bitcoin price to hit $150,000, analyst predicts
CoinMarketCap bitcoin/”>data shows that bitcoin btc price is up over 141% over the past year and was trading at $62,769.86 at 2:55 a.m. EST. However, one RealVision analyst, Jamie Coutts, believes btc could recover over the rest of the year.
<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”8.2735042735043″>
Unless something has fundamentally changed, we are entering what twitter.com/RaoulGMI?ref_src=twsrc%5Etfw”>@RaoulGMI refers to the area , or what I would describe as twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw”>#bitcoin Season of madness. photo.twitter.com/pMxk49ATtq
— Jamie Coutts, CMT (@Jamie1Coutts) twitter.com/Jamie1Coutts/status/1828044742682141108?ref_src=twsrc%5Etfw”>August 26, 2024
In an August 26 post on x, Coutts said that btc is still on track to experience a strong move to potentially skyrocket to $150,000 by the end of 2024.
Not all analysts share the same bullish sentiment. ManagerXBT said in an article on August 27: twitter&utm_medium=sns&utm_campaign=quicktake&utm_content=xbtmanager”>research note that short-term bitcoin sellers had “become active” again. He acknowledged the leading cryptocurrency’s rise over the past week, but noted that its “price slowdown suggests bitcoin could start a free-for-all.”
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