"Bitcoin Rally Generates 1,500 New Millionaire Wallets Daily, Signals Potential Correction"

Bitcoin's latest rally to all-time highs is driving an increase in the number of wallets surpassing the million-dollar mark, with over 1,500 wallets hitting this milestone daily, according to Kaiko Research. This surge in value suggests that bitcoin is establishing itself as a mainstream investment, with experts praising its resilience following the 2022 peak-and-crash. While the current rally isn't boosting wallet values as significantly as in 2022, rising institutional engagement and a high percentage of dormant accounts indicate a strong investor interest in holding the cryptocurrency for the long term.