Bitcoin And Crypto Millionaires On The Rise, Spending Considerably And Fueling Economic Growth : Research
There are now around 241,700 people with Bitcoin and cryptocurrency holdings worth $1 million or more, which is up a considerable 40% from the past year, according to Henley & Partners and New World Wealth. As first reported by CNBC, there are 450 crypto centimillionaires, or those individuals with crypto and digital assets holdings of $100 million or more, and 36 crypto billionaires, the report revealed.
Although it is experiencing a strong correction right now, Bitcoin‘s price has more than doubled during the last year, as the US dollar declines and concerns grow over mounting deficits as well as fiscal spending.
More progressive regulation in the United States and greater adoption by investors and traditional financial firms…
