Bitcoin boom: Trump's policies create 15,000 new millionaires in 2025

YahooFinance
BTC5,62%
BOOM-2,01%
TRUMP46,6%

Almost 16,000 Bitcoin holders have joined the millionaires’ club between 20 January and 20 July 2025, according to a new report from Finbold.

The 15,841 new additions bring the total number of Bitcoin millionaires to 192,205, an increase of 9% in just six months and an average of 88 new millionaires every day.

The report noted that large investors with Bitcoin holdings exceeding $10 million (€8.5M) also benefited greatly, with their profits increasing by more than 16% over the same period.

رمز بيتكوين بقيمة 25 دولارًا في ساندي، يوتا - Rick Bowmer/ AP Related

  • Bitcoin bubble? How much more is it expected to rise in 2025?

The platform attributed the boom in the cryptocurrency market to Trump’s support for the sector and the optimism that has gripped the markets since the beginning of his second term, explaining that the day after his election victory was announced in November 2024, there were just 132,842 Bitcoin wallets belonging to millionaires.

This momentum has continued to grow, and about 6 months after the Republican leader took office, the number of millionaire crypto investors has risen by more than 59,000, an indication of market activity and investor confidence.

This effect is attributed to regulatory policies encouraged by the Trump administration. Earlier in the week, the US House of Representatives passed the first major legislation regulating cryptocurrencies in the country, dubbed Genius.

The legislation is seen as a turning point for the digital asset sector, providing a long-awaited clear legal framework for taxation, stablecoin issuance, and institutional custody rules.

View comments

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments