Bitcoin: The Unstoppable Force of Nature (and Numbers!)

In a twist that would make even the most seasoned fortune teller raise an eyebrow, Bitcoin has decided to play the long game, trading above the illustrious $100,000 mark for over 40 consecutive days since May 7. Yes, you heard that right! This digital currency is not just a pretty face; it has also clocked in more than 6,000 days of continuous running time this month. Talk about commitment! 💍

BTC Unmoved by Global Events (or Just Really Good at Ignoring Them)

On June 19, Bitcoin, the rebellious teenager of the financial world, logged more than 40 consecutive days trading above the $100,000 mark. This remarkable feat was achieved despite the ongoing uncertainty and heightened geopolitical tensions in the Middle East. According to the wise sages at Coingecko, May 8 was the last time BTC dipped below the magical $100,000 threshold, meaning it had been living the high life for 42 days as of June 19. 🎉

Meanwhile, the ever-watchful Blockchair data reveals that BTC has been above $100,000 for a staggering 43 days, giving it a new resistance level, according to some technical analysts who probably wear glasses and have a penchant for spreadsheets. During this period, BTC even set a new all-time high on May 23, surpassing a milestone previously reached on January 20. At the time of writing, the top cryptocurrency was trading just above $104,000, a cozy little spot for BTC in June. 🏖️

Before this glorious return to six-figure values in U.S. dollar terms in early May, BTC had a rather gloomy period, trading below $100,000 for over 60 days as global markets were tossed about like a salad in a blender due to the trade war sparked by U.S. President Donald Trump’s “reciprocal tariffs.” At that time, BTC’s apparent correlation with traditional assets seemed to undercut its claims of being a safe haven asset. Who knew? 🤷‍♂️

However, since April 7, when it hit a low of just under $75,000, BTC has been on a rollercoaster ride, rising by approximately 50% to nearly $112,000 some 45 days later. As shown by the wise folks at Coingecko, BTC has since 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. Talk about resilience! 💪

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. Yes, you read that right! It’s like the tortoise that just won’t quit. 🐢

According to data from Bitbo, Bitcoin’s network has been functioning uninterrupted since its genesis on January 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. Who knew a digital currency could be so… dependable? 🤔

2025-06-20 01:07

BTC Unmoved by Global Events (or Just Really Good at Ignoring Them)

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