The number of crypto wallets holding at least one Bitcoin has reached a new all-time high, nearing the one million holder mark, according to data from cryptocurrency tracking platform LookIntoBitcoin. Meanwhile, the total number of Bitcoin holders has been rising at the fastest rate since early 2021, reaching 46.16 million addresses holding any amount of Bitcoin. The rising rate of people "hodling" Bitcoin in their wallets could be due to crypto traders becoming increasingly content in keeping their bags unmoved for the long term. Bitcoin's price is currently at $28,319 with a 70% YTD increase, and the asset's adoption could receive a boost from the Democrat presidential bid of environmental lawyer Robert F. Kennedy Jr., who warned about the possible dangers of central bank digital currencies (CBDCs).

(By Ana Nicenko)