November 6, 2024, was a great day for Bitcoin (BTC). Donald Trump has created up to 11,000 BTC’s new millions of millions and established the back winds that were provided through stock markets and cryptocurrencies for several months.
However, the return of Donald Trump to the White House has so far had an opposite effect: within one month, 22,000 Bitcoin addresses were lost.
FinBold Research found that the situation had grown only worse by March 21, as the number of BTC million fell by 32647 since January 21.
It is worth noting that there are now less than 18.51 % of Bitcoin’s millionaire addresses more than it was when Trump was opened, and the losses have so far been eliminated 544 millionaires per day.
Bitcoin Millionaire addresses from 176,364 to 143,717 in two months
The study study reveals that on January 21 – on the first Monday after the opening – 157,563 Bitcoin addresses it owns between one million dollars and $ 9.99 million from BTC. At the same time, at least 18,801 titles held $ 10 million in cryptocurrency in the world.
On March 21, the number of wallets decreased by more than a million but less than 10 million to 129,477, and of more than 10 million, BTC decreased to 14,240 to change a total of 176,364 to 143,717.
Moreover, the decrease occurred in all fields, as the number of addresses in all addresses that value more than $ 1 of BTC decreased significantly during the two months.
It should be noted that the number of Millionaire cryptocurrency addresses is not necessarily equal to the number of millions of digital assets, as one person may have multiple addresses, and multiple persons can collect their assets in one portfolio.
How Trump’s presidency wiped 32,000 million BTC
So far, it seems that the uncertainty resulting from President Trump’s economic policy, which he represents more through his identification campaign, which has started a growing global trade war, is the main perpetrator of the losses.
In addition, the situation is exactly the opposite of how it was in the aftermath of the elections in which the origins of risks rise, and gold suffered from one of the rare recent retreat periods.
By March 2025, gold recorded levels above $ 3,000, while Bitcoin struggled to stay above 80,000 dollars to $ 82,000 – and even below it fell on several occasions. Standard stock market indicators such as S&P 500 and Dow Jones Industrial Extern (DJIA) are also stalled in the general (YTD) scheme to date.
The prevailing opposite winds became so strong that even the last long -awaited news that the Supreme Education Council has abandoned its long legal battle against Ripple Labs on the XRP code only led to a rapid march.
Finally, in addition to the low bitcoin prices, the loss in the number of millions of BTC owners can be attributed to the broad sales activity and behavior that achieves profits between the main investors, which were martyred as one of the signs that the cryptocurrency in the world has entered into the bear market in an analysis reported on March 20.
