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Crypto Macro

US Bitcoin Holders Reach 49.6M, Surpassing Gold’s 28.8M

Data shows that the number of Bitcoin holders in the US has reached 49.6 million, significantly exceeding the 28.8 million gold holders. This indicates a growing preference for Bitcoin over traditional safe-haven assets.

Original source

AI take

The headline comparison flatters Bitcoin by counting wallets and retail exposure against a gold market whose ownership is concentrated in institutional, custodial and jewellery form, so the two numbers are not measuring the same thing. What matters is the direction of travel: a broader US retail base gives Bitcoin a political and distribution constituency that gold's holders have long enjoyed, which shapes how regulators and product issuers treat it. Whether that holder count reflects durable long-term ownership or cyclical speculation is the open question.

Generated by AI for reference only.

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