<ul data-eligibleForWebStory="true">Bitcoin experienced a sharp downturn in response to news of Iran attacking US bases in Qatar.BTC's value dropped from over $101,800 to below $99,800 following the news.The pre-news dip indicates existing market anxieties or other factors were influencing prices.Bitcoin's price stabilized and began to recover shortly after the reported missile launch.By 16:45 UTC, Bitcoin was trading back towards the $100,800 mark.The partial recovery suggests the market's ability to absorb and move past geopolitical events swiftly.Bitcoin's sensitivity to global geopolitical developments is increasing.The market's responses to breaking news can vary.