Bitcoin Surpasses 100,000 USD In Over 40 Days, Reaches New Activity Time Milestone

Bitcoin has traded above $100,000 for more than 40 consecutive days since May 7, a milestone for this leading cryptocurrency, while also achieving over 6,000 days of continuous operation this month. BTC Is Not Affected By Global Events On June 19, Bitcoin recorded more than 40 consecutive days of trading above $100,000, a feat achieved despite ongoing volatility and rising geopolitical tensions in the Middle East. According to Coingecko data, May 8 was the last time BTC traded below $100,000, meaning it has been above this level for 42 days as of June 19.

Meanwhile, data from Blockchair shows that BTC has been above $100,000 for 43 days, creating a new resistance level, according to some technical analysts. During this period, BTC continued to set new all-time highs on May 23, surpassing the previous important milestone achieved on January 20. At the time of writing, this leading cryptocurrency is trading above $104,000, a familiar territory for BTC in June. Before this leading cryptocurrency returned to a six-figure value in US dollars in early May, BTC had traded below $100,000 for more than 60 days as the global market was affected by the trade war triggered by U.S. President Donald Trump's "tit-for-tat" tariffs. At that time, BTC's clear correlation with traditional assets and markets seemed to undermine the claim that it was a safe-haven asset.

However, since April 7, when it hit a low of just under $75,000, BTC has been trending upwards, rising by about 50% to nearly $112,000 in about 45 days. According to Coingecko data, BTC has since fluctuated between $110,000 and $100,000, with major global events, including Israel's start attacking Iran's nuclear facilities, which don't seem to push it below $100,000.

Not only did the leading cryptocurrency maintain a price above $100,000 for more than 40 days in a row, but it also celebrated a huge operational achievement in June: More than 6,000 days of continuous activity. According to data from Bitbo, the Bitcoin network has been continuously operational since its inception on January 3, 2009, at 02:54:25 GMT. This uptime record has only been interrupted by two separate incidents in its early history — one in 2010 and one in 2013 — highlighting the network's unparalleled resilience and sustainability. These recent achievements further solidify BTC's position as a digital asset with long-term stability and an increasingly mature standing in the global financial landscape.