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Bitcoin millionaire addresses drop nearly 30% during Trump’s second term first 500 days

Market News
04 Jun 2026
Finbold
View Source
Bearish
pluang ai news

During the first 500 days of President Donald Trump's second term starting in January 2025, the number of Bitcoin millionaire addresses fell by 29.13%, from 157,563 to 111,659. Addresses holding over $10 million in Bitcoin also declined by nearly 25%. The cryptocurrency market saw a sharp downturn in June 2026, with Bitcoin prices dropping about 14% in just four days, contributing to a 27.5% year-to-date loss. Factors influencing this decline include a notable Bitcoin sale by Michael Saylor’s company and geopolitical tensions in the Middle East, impacting investor confidence and market stability.

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