Bitcoin extended its recent rally on 16 June, climbing past $107,000 for the first time in the session, according to multiple market data feeds. The world’s largest digital asset had earlier reclaimed the $106,000 level before advancing further in early Asian trading hours. The upswing coincided with gains across the broader cryptocurrency market. Ether, the second-largest token by market value, traded above $2,600, while Solana also registered sharp intraday increases. The fresh momentum follows a weeks-long rebound in digital-asset prices, supported by increased risk appetite and steady inflows into spot exchange-traded funds tracking Bitcoin. Market participants are watching whether the move above $107,000 can be sustained as liquidity thins ahead of the U.S. trading day.