Bitcoin got a shock, breaking below the price of $100k, due to the involvement of the United States in the ongoing Israel and Iran war. Since this war before the involvement of US, the price has not gotten to the highs of $109k, rather has been around the $107k - $108k, but this time has gone above reaching $109k plus.
Indeed I'm currently seeing the bitcoin price at $109.873 and that seems promising that higher increase is behind the door. Maybe before we can anticipate for breaking of new Ath, let's hope on recovering a benchmark of the $112,000 current Ath first.
Meanwhile Op, you don't need to give the surging attributes to the US just because they got involved in the Israel and Iran war.
Bitcoin has been able to react to this spikes because of the recent strategy purchases of bitcoin including financial institutes, corporative companies, organizations and and individuals.
The bitcoin market might political be influenced but are typically determined by demands and supplies capacities.