Bitcoin (BTCUSD) surpassed $100,000, rising from the $95,500 support level. It climbed above $98,000, reaching a peak of $104,082, and is now stabilizing above $100,500.

On-chain data shows that less than 3% of Bitcoin's supply has a cost basis higher than the current price, indicating limited resistance beyond $100,000 due to few holders losing money.

The price of Bitcoin has risen due to political, institutional, and macroeconomic factors, with $1.8 billion in inflows into Bitcoin ETFs this week, amid falling bond yields and a weaker dollar.