Satoshi Nakamoto's Wealth Takes a 34% Hit as Bitcoin Plummets

Satoshi Nakamoto, the elusive creator of Bitcoin (CRYPTO: BTC), has witnessed a 34% drop in his net worth, which now stands at $90.7 billion. What Happened: Nakamoto’s estimated fortune has plummeted from its October peak of $137 billion. This substantial decline is a result of the ongoing downturn in the cryptocurrency market. The decrease, amounting to $47 billion, has pushed Nakamoto down to the 20th position on the Forbes billionaire list. He now ranks just behind Bill Gates, who has a net w