"Bitcoin's Soaring Rally: Creating 1,500 Millionaires Daily and Surpassing $1.4T Market Cap"

Bitcoin's current rally is creating around 1,500 new "millionaire wallets" daily, indicating a significant shift in wealth within the cryptocurrency ecosystem. While the rise of BTC is fueled by excitement over US-based spot Bitcoin exchange-traded funds, the pace of creation of millionaire wallets is slower than in 2021's bull market. Factors contributing to this include a gradual inflow of fresh capital, cautious approach by large investors, and the preference for custodial services over personal wallets. Mainstream attention and endorsements from celebrities like Drake and investments by firms like MicroStrategy are also contributing to the growing interest in cryptocurrency.