Categories: Market

70 percent of Bitcoin millionaires are out of breath

Anyone who invests their money in cryptocurrencies is having a hard time. It is no longer possible to sleep peacefully, at least since the bankruptcy of crypto exchange FTX. Young billionaire Sam Bankman-Fried (30) hit the stock market wall – the damage wasn’t just done to him. The whole industry is shaking. And not just since the big crypto boom.

The number of Bitcoin millionaires has fallen sharply since the beginning of the year. A large number of small cryptocurrency investors have also drifted into the abyss. A study by the portal Bitstacker.com calculates how many Bitcoin millionaires have now lost their wealth between their fingers.

72,000 fewer Bitcoin millionaires

The results are impressive: the number of Bitcoin millionaires has dropped by 70 percent this year alone, due to the crypto crisis. Viewed as sober. In terms of individual destiny: 72,000 Bitcoin millionaires around the world have had to say goodbye to their easily won fortunes in cryptocurrency.

For comparison: At the beginning of 2022, there were 99,000 Bitcoin millionaires. There will likely be even more occasional investors who lose all their stakes in gambling.

No wonder these numbers: In November 2021, Bitcoin was still worth $68,000. In January 2021 it was still $30,000. Today: Still $15,600. (be)

Source :Blick

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