Flying over Japan and into the pacific (supposedly) was a missile. People everywhere feel the fear of war. They look for financial safety. Bitcoin price and other cryptocurrencies reflect this.
Below is an hourly chart of the bitcoin price. This reflects the confidence in the block chain technology.
The price may go down as people take their profits, but the need for a financial safe haven remains! As trouble brews around the world, cryptocurreny based on blockchain technology will thrive when surrounded by fiat currencies which are watching their purchasing power melt!
