Bitcoin Reaches $106K High, Navigating Resistance & Market Cap Growth

Bitcoin (BTC) surged to a new high of $106,039 today, marking a 0.52% daily gain. The price is currently trading around $106,144.42, reflecting a slight increase from yesterday’s close. Despite this rise, trading volume decreased by 5.65%, reaching $37.13 billion. Bitcoin’s market capitalization reached $2.1 trillion, while its fully diluted valuation (FDV) climbed to $2.22 trillion, showing continued growth despite a narrow trading range today.