Cryptocurrencies

    Bitcoin surpasses $61,500 as number of wholecoiners exceeds 1 million

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    Bitcoin (CRYPTO:BTC) has reached a significant milestone, with over one million addresses now holding at least one full BTC, according to a recent report by IntoTheBlock.

    Currently, there are 1,010,777 such addresses, underscoring the growing trend of accumulating Bitcoin to achieve wholecoiner status.

    This trend reflects broader adoption and confidence in Bitcoin as a store of value and investment asset.

    The milestone is particularly notable given Bitcoin's finite supply of 21 million coins, making each whole Bitcoin increasingly valuable.

    Despite a recent 17% decline from its mid-March peak, Bitcoin's long-term growth and stability continue to attract investors.

    As of now, Bitcoin is trading at $61,592, marking a 0.04% increase in the last 24 hours.

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