Consulting firm Kaiko Research has revealed that Bitcoin's continued uptrend is contributing to the addition of 1,500 millionaires per day of investors storing their virtual assets in cryptocurrency wallets. However, the pace of millionaire generation is still lower than during Bitcoin's previous bull-market wave in 2021, when it added more than4000 investors. The highest level this year was 1,691 millionaires on the first of March.
A report by “CoinShares” showed that cryptocurrency asset inflows rose to a record high this year as investor interest in these currencies grew. According to the report, about $10.3 billion has flowed into cryptocurrency assets since the beginning of this year, a figure approaching the total inflows of the whole of 2021, which amounted to $10.6 billion.
Source (Al-Arabiya.net Website, Edited)
