$BTC

Meanwhile, Blockchair data shows BTC has been above $100,000 for 43 days, giving it a new resistance level, according to some technical analysts. During this period, BTC went on to set a new all-time high on May 23, surpassing a milestone previously reached on Jan. 20. At the time of writing, the top cryptocurrency traded just above $104,000, a familiar territory for BTC in June.

Before the top cryptocurrency’s return to a six-figure value in U.S. dollar terms in early May, BTC traded below $100,000 for over 60 days as global markets were roiled by the trade war sparked U.S. President Donald Trump’s “reciprocal tariffs.” At the time, BTC’s apparent correlation with traditional assets and markets appeared to undercut claims that it is a safe haven asset.

On June 20, Bitcoin logged more than 40 consecutive days trading above the $100,000 mark, a feat achieved despite ongoing uncertainty and heightened geopolitical tensions in the Middle East. According to Coingecko data, May 8 was the last time BTC traded below $100,000, meaning it had been above this mark for 42 days as of June 19.