Fake market.  Price moved ENTIRELY by a single entity operating on the fraudulent exchange Bitfinex and their tethers as usual.  It's almost the exact same situation as the Comex.  No/little physical delivery of metals actually occurs there, so they just print up a random number on the screen and claim that's the price even though it has zero connection to the real market.  Comex uses the method to suppress the price, and Bitfinex does this to try and fraudulently raise the price of bitcoin.  

The fact CNBC is now front running these events and telling you to sell right before they attempt to pump and dump probably indicates some TBTF Jew bank like Goldman Sachs might be involved as the entity rigging price on Bitfinex. It's a known fact Goldman Sachs was behind the Ethereum pump because they bought all the premine, so why not bitcoin too?  In-Q-Tel caused the market to crash on purpose and bought up a ton of bitcoins at $1-2 back in the day (in addition to what they already had), so it's like one big circle jerk of the same criminals in traditional finance.