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News Explorer — Bitcoin Millionaires Surge Amid Bull Market

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Aug 27, 5:38 pm
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Bitcoin Millionaires Surge Amid Bull Market

The number of millionaires holding cryptocurrencies has nearly doubled since last year, with 172,300 people worldwide now holding over $1 million in digital assets. The number of Bitcoin millionaires has also more than doubled, reaching 85,400 individuals. These increases can be attributed to the surge in prices of Bitcoin and other leading crypto assets, as well as the approval of Bitcoin and Ethereum exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC).

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