It's Tuesday, September 3rd, and this is Markets Daily, hosted by me, Jen Sanassi, on this show.

We navigate the currents shaping the crypto markets, providing insights against the broader financial landscape.

So whether you're actively trading or just fascinated by the volatility in crypto markets,

this show is your compass to understanding what's happened, where we are, and where we're going.

Good morning, everyone. I hope you had an amazing long weekend.

On today's show, we are going to dig into a report that has some pretty staggering new numbers.

The Crypto Wealth Report for 2024 by New World Wealth and Henleand Partners is out,

and it's outlined some incredible figures.

Now, let's start with the big one here.

There are now 172,300 individuals globally who hold over one million US dollars in crypto assets.

That is a 95% increase from last year.

Even more striking is the number of Bitcoin

millionaires, which is skyrocketed by 111% to reach 85,400. Now, for me, this massive surge in

high net worth individuals in the crypto space indicates a burgeoning confidence and interest in

digital assets. The report outlines that the

total market value of crypto assets also hit a record high of $2.3 trillion. That's up 89% from $1.2

trillion reported last year. This dramatic increase reflects not only the growing adoption of cryptocurrencies,

but also the larger investments

that are flowing into the market. So for investors, this suggests that the crypto market is

becoming an increasingly significant part of the global financial landscape. The data also

highlights an expansion in the upper echelons of crypto wealth, the number of crypto centimillionaires.

Those are people who hold $100 million or more has risen by 79% to 325.

...