Bitcoin price surged over 3% to reach $103,000 despite Iran's missile attacks on US bases in the Middle East.
Reports suggest US President Trump plans no further military action against Iran, boosting Bitcoin's status as a safe-haven asset.
The rally was amplified by investor confidence after US prevented Iranian attacks in Qatar, causing Bitcoin to spike from below $100k to above $103k.
Cryptocurrencies and stocks reacted positively as Iran warned Qatar before the missile strikes on US bases, leading to airspace closures in several Middle Eastern countries.
Bitcoin's future price movement remains uncertain amidst rising geopolitical tensions, with potential resistance at $104k and support at $100k and $98k.