Bitcoin rebounds above $103k after Iran missile attack intercepted

The price of Bitcoin quickly rebounded above $ 103,000 after a sharp drop triggered by dismissal missile reports in Iran in an American base in Qatar.

After confirmation that American interceptor missiles managed to intercept Iranian missiles without victims, Bitcoin (BTC) has increased. The benchmark cryptocurrency briefly affected the level of $ 100,000 after Iran announced that it had fired missiles at the Al Udeid air base in Qatar.

However, a declaration from the Qatari Defense Ministry detailing a successful interception of the attack on ballistic missiles has contributed to stimulating feeling, bitcoin and the wider cryptography market responding positively.

According to Axios, the administration of President Donald Trump was “aware” of Iran’s coordinated attack against the Air Udeid air base and Iraq. Sources said the White House had a “good warning in advance”, note.

The New York Times too reported That Iran had given Qatari, the information has advanced the imminent attack, Qatar closing its airspace.

Bitcoin key $ 102.5K

At the time of writing this document, BTC Price oscillated around $ 102,800, up almost 4% in the last 24 hours. The gains marked a V-shaped recovery after the clear drop observed during the United States afternoon. Bitcoin touched summits of $ 103,000 on major exchanges.

While the cryptography market has experienced a rapid rebound, more downwards could follow. The reports indicate that Qatar said it reserves the right to respond to attacks. Iraq, Kuwait, Bahrain and the United Arab Emirates have also closed their airspace, and the American military bases across the Middle East – including at Ain Al -Asad air base in Iraq – are on high alert.