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The Bitcoin Surge Everyone’s Talking About.

172,300 Crypto Millionaires—and Counting

Welcome to Crypto Wire — clear, concise, and crypto-smart.

What we’ll cover today:

🚀 Miss This, and You’ll Miss $100K Bitcoin

💸 172,300 Crypto Millionaires—and Counting

🏆 Bitcoin Wins Big, Ethereum Falls Behind

Bitcoin just broke all records, soaring past $97,628 and eyeing the $100K mark.

Here’s what’s fueling this meteoric rise:

  • Trump’s Pro-Crypto Agenda: Reelected as President, Trump is promising to make the U.S. the "crypto capital of the planet."

  • White House Crypto Role: Plans are underway to create a dedicated crypto policy position in the administration.

  • Institutional Inflows: Billions are pouring into Bitcoin ETFs, with over $4 billion added since the election.

  • MicroStrategy’s Big Bet: The company accelerates Bitcoin purchases, fueling the fire.

  • ETF Options Trading: Call options (bullish bets) are outpacing puts, signalling strong market optimism.

The crypto market has added $900 billion this year, with Bitcoin’s market cap nearing $2 trillion.

The latest report reveals these fascinating highlights:

  • 95% Surge in Crypto Millionaires: Now totalling 172,300 globally.

  • 28 New Crypto Billionaires: A 27% increase from last year.

  • Top Drivers of Wealth:

    • Strategic investments in Bitcoin and emerging cryptocurrencies.

    • Active participation in DeFi (lending, liquidity pools).

  • Market Milestones:

    • Total crypto market value: $2.43 trillion.

    • Game-changers like Bitcoin ETFs have attracted institutional investors.

  • Notable Figures:

    • Paolo Ardoino, Tether CEO, has a net worth of $3.9 billion.

    • Brian Armstrong, Coinbase CEO, a leader in the crypto revolution.

What Does It Mean?

Traditional finance is rapidly integrating crypto assets.

Crypto wealth is driving demand for tax-friendly, investor-friendly jurisdictions.

Bitcoin just shattered its all-time high, hitting $93,477.

Ethereum, on the other hand, is struggling at $3,100—far from its peak.

The ETH/BTC ratio has dropped to 2021 levels, signalling trouble for ETH.

Here’s why Bitcoin is dominating:

  • Institutional Capital: ETFs have driven massive inflows into Bitcoin.

  • Brand Strength: Bitcoin’s “digital gold” narrative resonates globally.

  • High-Profile Endorsements: Leaders and financial titans are backing Bitcoin.

Meanwhile, Ethereum is falling behind:

  • Lost Market Activity: Layer 2 networks and competitors like Solana are capturing users.

  • Weaker Narrative: Ethereum’s complex use case lacks the simplicity of Bitcoin’s story.

  • Missed Opportunities: Meme coin mania has shifted to faster, cheaper platforms like Solana.

Experts believe Ethereum can close the gap by:

  • Strengthening its narrative.

  • Boosting on-chain activity.

  • Improving accessibility to users and institutions.

What do you think about today’s edition?

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Disclaimer:

This newsletter is for educational purposes and not intended as financial advice. Make your own investment decisions based on thorough research. Stay informed and cautious in the ever-changing crypto market.

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