Bitcoin Surpasses $100,000 for Over 40 Days, Hits New Uptime Milestone
Bitcoin has traded above $100,000 for over 40 consecutive days since May 7, a milestone for the top cryptocurrency, which also reached more than 6,000 days of continuous running time this month.
BTC Unmoved by Global Events
On June 19, 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.
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.
However, since April 7, when it hit a low of just under $75,000, BTC trended upward, rising by approximately 50% to nearly $112,000 some 45 days later. As shown by Coingecko data, BTC has since then oscillated between $110,000 and $100,000, with major global events, including the commencement of Israel’s attack on Iranian nuclear facilities, seemingly failing to push it below the $100,000 mark.
Source: Bitbo
Not only has the flagship cryptocurrency maintained a price above the $100,000 mark for over 40 consecutive days, but it also celebrated a monumental operational achievement in June: Over 6,000 days of continuous running time.
According to data from Bitbo, Bitcoin’s network has been functioning uninterrupted since its genesis on Jan. 3, 2009, at 02:54:25 GMT. This uptime record has only been marred by two isolated incidents in its early history — one in 2010 and another in 2013 — underscoring the network’s unparalleled resilience and robustness. These recent feats further solidify BTC’s position as a digital asset of enduring stability and growing maturity within the global financial landscape.
