Bitcoin (BTC) has gained over 80% year-to-date, leading to a doubling of Bitcoin millionaires, with over 50,000 new Bitcoin millionaire addresses emerging halfway through April, according to data from Finbold. The number of Bitcoin millionaire addresses as of April 14 stood at 80,659, up 187% from 28,084 BTC millionaire holders on January 5. The recent surge in Bitcoin price can be attributed to the crypto market overcoming bearish conditions of 2022, despite the banking crisis in March and the uncertainty surrounding Binance. As investors seek to diversify their portfolios and capitalize on the potential of digital assets, Bitcoin remains a leading choice. Bitcoin is trading at $30,710 and has gained 1.6% in the last 24 hours and a further 10% across the previous week, with a total market capitalization of $594 billion.

(By Jordan Major)