2024

Bitcoin

<p class="is-style-lead">Donald Trump’s 2024 election victory has created over 11,000 new Bitcoin millionaires.</p> 
<p>According to <a href="https://finbold.com/donald-trumps-triumph-creates-over-11000-new-bitcoin-millionaires/" target="_blank" rel="nofollow">data</a> from Finbold, the number of Bitcoin wallets valued at $1 million or more rose to 132,842 on November 6, as Bitcoin prices increased by 7.8% in just 24 hours.</p> 
<p>Last month, there were 121,061 Bitcoin addresses worth over $1 million. This figure has now grown by 11,487 wallets, indicating significant wealth gains among Bitcoin holders, per Finbold.</p> 
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<p>At the time of writing, Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank">BTC</a>) has passed its all-time high and is currently trading at $75, 428.&nbsp;</p> 
<p> You might also like: <a rel="" href="https://crypto.news/coinbase-ciso-social-engineering-scams-top-threat-to-crypto-users/"> Polymarket French whale ‘Theo4’ nets $21m off Trump win </a> </p> 
<h2 class="wp-block-heading" id="can-bitcoin-go-higher">Can Bitcoin go higher?</h2> 
<p>This spike follows a strong month for Bitcoin, which has risen 20% over the past 30 days. With Trump’s win and an overwhelming lead in the electoral college, Bitcoin <a href="https://crypto.news/crypto-market-rallies-on-us-election-results/" target="_blank">saw renewed interest</a> and broke past previous high prices.&nbsp;</p> 
<p>Analysts <a href="https://crypto.news/the-intersection-of-trumps-promises-and-bitcoins-250k/" target="_blank">suggest that Trump’s pro-crypto stance</a> might lead to a supportive regulatory shift, potentially boosting market conditions. Technical analyst Gert van Lagen predicts Bitcoin could reach $250,000 by early next year.&nbsp;</p> 
<p> You might also like: <a rel="" href="https://crypto.news/ripple-ceo-shares-his-first-100-day-checklist-for-trump/"> Ripple CEO shares his ‘first 100-day’ checklist for Trump </a> </p>

Trump victory creates over 11k new Bitcoin millionaires

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