Americans own more Bitcoin than gold, 50M holders surpass 37M gold owners
Crypto Briefing·60-word summary·1 min read
Americans now own more Bitcoin than gold, with 50 million Bitcoin holders compared to 37 million gold owners. This shift reflects changing investment preferences, although confidence in Bitcoin's price recovery remains uncertain. The trend underscores Bitcoin's growing popularity among U.S. investors, highlighting its increasing dominance over traditional assets like gold.
Boyaa Interactive is shifting its treasury to focus solely on Bitcoin, reflecting increased institutional interest in the cryptocurrency. The move highlights Bitcoin's growing role as a primary reserve asset for companies amid market volatility. This strategic change may influence Bitcoin's adoption and market stability, signaling a trend toward crypto-focused treasury management.
Bitcoin and altcoin markets show signs of decline, with the CMC Altcoin Season Index at 37/100, indicating a bear market. Despite a slight recent increase from 34, the index remains far from the 78 high, suggesting weak momentum. Analyst Michaël van de Poppe has turned bullish on altcoins, but overall sentiment remains cautious.
BlackRock clients purchased $284 million worth of Bitcoin amid rising Iran-US-Israel tensions, reflecting increased institutional interest in Bitcoin as a hedge against geopolitical instability. The investment highlights Bitcoin’s growing role in risk diversification during global conflicts, with the move occurring in April 2026. This surge underscores Bitcoin’s increasing appeal to institutional investors amid geopolitical uncertainties.
Bitcoin surged above $78,000, reaching a 10-week high after Iran announced the Strait of Hormuz was open for commercial vessels. The move followed Iran’s Foreign Minister confirming the ceasefire period, and US President Trump stating the US-Iran deal is “mostly complete.” Oil prices dropped 10% to around $85 per barrel amid these geopolitical developments.
Strategy, the world's largest corporate Bitcoin holder, proposed changing its STRC preferred stock dividend payments from monthly to semi-monthly to enhance liquidity and stabilize the price. The proposal, filed by Michael Saylor on April 17, aims to improve demand and market stability, with voting expected to conclude by June 8.
A study by Novora reveals that over 91% of more than 150 crypto protocols generate revenue, yet less than 1% disclose market maker deals and investor agreements. The report highlights significant transparency gaps in the industry, with many projects failing to reveal critical investor information, raising concerns about transparency and accountability in the crypto space.