Bitcoin prices spiked on Fxopen today, reaching a high of $243.71 before falling back. Somewhat surprisingly, the move higher was muted on other BTC exchanges. Most of them topped out near $230 per coin. Alternative cryptocurrency Litecoin bounced off the $1.46 mark and headed lower, staying in a downtrend.
Bitcoin Spikes to $243
Prices on Fxopen spiked to $243 per coin today. What’s even more perplexing about this move is that it happened in under one hour. Bitcoin rallied from $224.40 to $243.71 in only 45 minutes. Fxopen uses BTC-E prices. We still don’t have a satisfactory explanation about the spike. Several theories have been floating around, ranging from panic buying by Russians ahead of a potential ban to a hacked account on BTC-E.
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