{"id":54747,"date":"2025-06-23T19:43:04","date_gmt":"2025-06-23T19:43:04","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-breaks-to-103k-as-iran-attacks-us-base-in-qatar\/"},"modified":"2025-06-23T19:43:04","modified_gmt":"2025-06-23T19:43:04","slug":"bitcoin-breaks-to-103k-as-iran-attacks-us-base-in-qatar","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-breaks-to-103k-as-iran-attacks-us-base-in-qatar\/","title":{"rendered":"Bitcoin breaks to $103k as Iran attacks US base in Qatar"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/bitcoin-btc-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/bitcoin-btc-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/bitcoin-btc-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/bitcoin-btc-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Bitcoin price rose more than 3% to break to $103k on Monday.<\/li>\n<li>Gains came despite Iran\u2019s missile attacks on US bases in the Middle East.<\/li>\n<li>BTC also seemed to rally amid reports that US President Donald Trump seeks no further military action in Iran<\/li>\n<\/ul>\n<p>Bitcoin (BTC) has soared to $103,000 as of writing on Monday, June 23, 2025, defying expectations amid escalating tensions in the Middle East.<\/p>\n<p>The cryptocurrency\u2019s sharp rally comes despite Iran\u2019s recent retaliatory attacks on US military bases.<\/p>\n<p>It includes a <a href=\"https:\/\/invezz.com\/news\/2025\/06\/23\/iran-israel-conflict-qatar-suspends-air-traffic-as-precautionary-measure\/\">ballistic missile strike on the Al Udeid air base<\/a> in Qatar.<\/p>\n<p>Reports indicate that US President Donald Trump has signaled a reluctance to pursue further military action against Iran, a stance that appears to have bolstered investor confidence in Bitcoin as a safe-haven asset.<\/p>\n<p>However, this optimism is tempered by Qatar\u2019s announcement of airspace closures, which resulted in a lot of airlines cancelling flights, and Qatar\u2019s statement that it reserves the right to respond directly, adding volatility to the market.<\/p>\n<figure id=\"attachment_317133\" aria-describedby=\"caption-attachment-317133\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-317133\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/06\/BTC_1D_graph_coinmarketcap-1.png\" alt=\"\" width=\"1200\" height=\"800\"\/><figcaption id=\"caption-attachment-317133\" class=\"wp-caption-text\"><a href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\" target=\"_blank\" rel=\"noopener\">Bitcoin price chart<\/a> by CoinMarketCap<\/figcaption><\/figure>\n<h2>Bitcoin price gains amid geopolitical news, touches $103,000<\/h2>\n<p>Bitcoin\u2019s price surged by over 3% within a few minutes as the market reacted to news that air defenses in Qatar had foiled an Iranian attack on the US air base at Al Udeid.<\/p>\n<p>While investors adjusted to the development, buying pressure catapulted Bitcoin price from an initial <a href=\"https:\/\/coinjournal.net\/news\/bitcoin-bounces-after-dip-to-under-99k\/\">dip to under $100k<\/a>, with the benchmark digital asset hitting intraday highs above $103k.<\/p>\n<p>The gains saw BTC solidify its bounce after falling to lows of $98,290 over the weekend amid US attacks on Iran\u2019s nuclear sites.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Market sentiment is currently neutral after Iran attacked US bases in Qatar: <a href=\"https:\/\/t.co\/Z0pckcgmQG\">pic.twitter.com\/Z0pckcgmQG<\/a><\/p>\n<p>\u2014 unusual_whales (@unusual_whales) <a href=\"https:\/\/twitter.com\/unusual_whales\/status\/1937220611866263868?ref_src=twsrc%5Etfw\">June 23, 2025<\/a><\/p>\n<\/blockquote>\n<p>Cryptocurrencies and stocks jumped as reports suggested Iran had warned Qatari authorities of the retaliatory attacks, with the US also aware of the strikes targeting the air base in Qatar in advance.<\/p>\n<p>Similar warnings also hit US bases in Iraq, Kuwait, the UAE, and Bahrain. These countries closed their airspaces.<\/p>\n<h2>What next for BTC amid Middle East conflict?<\/h2>\n<p>While the cryptocurrency market remains sensitive to geopolitical instability and may dump amid escalating tensions, Bitcoin could climb towards $104k or higher. If not, support may be around $100k and $98k.<\/p>\n<p>Notably, the future trajectory of Bitcoin price and top altcoins remains uncertain, given Iran says it\u2019s ready to increase the attacks. Qatar has also said it reserves the right to retaliate. Also key are reports that Trump isn\u2019t looking to attack Iran.<\/p>\n<p>However, Trump\u2019s comments could be similar to what he said earlier this week, where he indicated a potential two-week deliberation period before deciding on military action against Iran. Yet, the US launched a surprise attack on Iran\u2019s nuclear sites.<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en-4.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-breaks-to-103k-as-iran-attacks-us-base-in-qatar\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Bitcoin price rose more than 3% to break to $103k on Monday. Gains came despite Iran\u2019s missile attacks on US bases in the Middle East. BTC also seemed to rally amid reports that US President Donald Trump seeks no further military [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":54748,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/54747"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=54747"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/54747\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/54748"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=54747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=54747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=54747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}