BTC’s consecutive all-time highs are printing thousands of new millionaires, industry data shows.
Bitcoin’s (BTC) price continues to set a series of new all-time highs this week, surpassing $73,000 on March 13. BTC’s strong performance is producing approximately 1,500 “millionaires” daily, according to data from Kaiko Research.
Data from Cointelegraph Markets Pro and TradingView shows that BTC price rose from an opening at $71,473 on March 13, climbing 3.5% to set a new all-time high at $73,709 on Coinbase.
This performance comes as institutional capital continues to flood the BTC market fueled by the recently approved spot Bitcoin exchange-traded funds (ETFs).