Ripple (XRP) aims for $2.5, BTC (BTC) jumps to $102,000

The price of Bitcoin has solidified its position above the coveted $100,000 mark, even soaring above $102,000 this morning.

Most altcoins are also in a state of loss today, with moderate gains. XRP and Bina are the currencies with the largest daily gains.

BTC aiming for a new ATH?

The start of this week has been quite painful for major cryptocurrencies as it has dropped to $94,400 several times. However, it successfully rebounded after touching this support line for the second time and surged to $98,000 on Wednesday.

Over the next few days, the upward trend continued, and BTC returned to the six-digit range on Thursday. Apart from a few brief dips below this level, BTC has mostly stayed above this level.

In addition, it surged to over $102,500 this morning, hitting the highest point in nine days. Since then, it has declined, currently below $102,000, but still up 1.5% on the day.

This makes its market value far exceeding $2 trillion. Its dominant position in altcoins has slightly dropped from a weekly high of 53% to 52.5%.