Half-Billion Bitcoin Owners Mark New Reality for Crypto Market

The number of Bitcoin owners has surpassed 500 million people worldwide, representing between 4.5% to 6% of the global population.

According to on-chain analyst Willy Woo's estimates, supported by Glassnode and Chainalysis metrics, this marks a new reality for the cryptocurrency market.

The asset's total audience ranges between 370 million and 500 million people, following an S-shaped innovation adoption curve typical of early internet development stages.

However, analysts disagree on whether this growth will translate into a multiple increase in Bitcoin's value in the coming years.