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Donald Trump's Victory Creates Over 11 New Bitcoin Millionaires

Donald Trump's Victory Creates Over 11 New Bitcoin Millionaires

HappyCoinNews2024/11/08 13:11
By: HappyCoinNews
BTC+0.80%

According to the analytical platform Finbold, on November 6 the number Bitcoin -wallets that held over $1 million increased to 132. This happened because BTC rose in price by 842% in just one day.

In October there are such Bitcoin - there were 121 millionaires. The increase in just one day in November by 061 indicates a significant increase in the wealth of the owners of the flagship cryptocurrency, analysts at Finbold note.

Donald Trump's Victory Creates Over 11 New Bitcoin Millionaires image 0

Quantity Bitcoin - millionaires

Yesterday, BTC managed to break its all-time high of around $76, but then corrected slightly. At the time of writing, the leading kriptovalyuta fluctuated at $76000. Over the past 2,2 hours, the flagship asset has risen in price by almost 7,5%, and over the past seven days, the increase has amounted to about XNUMX%.

Last month was a good one for Bitcoin, as the asset’s price rose more than 20% in 30 days. Thanks to Donald Trump’s victory in November, the flagship kriptovalyuta will continue to grow, experts believe. Thus, technical analyst Geert van Lagen predicts that by the beginning of 2025, the BTC rate may exceed the $250 mark. This will be possible if the newly elected president begins to fulfill the promises he made to representatives of the crypto industry regarding digital assets.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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