Charted: Bitcoin shrugs at Middle East bombings

It was surprising to see how little bitcoin price reacted to the news that the U.S. had bombed Iran's nuclear facilities.

• Price dipped as news came out of the bombing and again as Iran promised to respond.

Yes, but: Oil price response was also muted, and that's much more closely tied to the region.

Zoom in: Bitcoin had the weakest reaction overall. It briefly dipped below the $100,000 mark during the weekend, but was back over by yesterday.

The latest: Yesterday afternoon, as Iran initiated retaliatory responses against U.S. bases, major cryptocurrencies actually rose in value.

• Traders likely viewed those responses as a sign that Iran would not initiate a protracted campaign.
• Bitcoin is trading around $105,350 as we send this.