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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
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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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Bitcoin tops $65K as softer US inflation dims July Fed rate hike hopes

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Technical Signals
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Cryptocurrency prices are fluctuating with Bitcoin rising 1.04% to $65,340 and Ethereum increasing 3.16% to $1,928.95. Other notable changes include Zcash up 6.67% and Dogecoin slightly down by 0.44%. These movements reflect ongoing volatility in the...

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