Bitcoin’s price has solidified its position above the coveted $100,000 mark and even jumped above $102,000 earlier this morning.

Most altcoins are also in the red today with modest gains. XRP and BNB stand out as the biggest daily gainers.

BTC Eyes New ATH?

The start of the business week was quite painful for the primary cryptocurrency as it dumped toward $94,400 on a couple of occasions. However, it managed to bounce off after touching that support line the second time and shot up to $98,000 on Wednesday.

The gains continued in the following days, with BTC going back into six-digit territory on Thursday. Aside from a few brief price slips below that level, bitcoin has managed to remain above it for the most part.

Furthermore, it skyrocketed to over $102,500 earlier this morning to mark a nine-day peak. It has lost some ground since then and sits below $102,000 as of now, but it is still 1.5% up on the day.