Digital currency markets have seen a strong price spike on Friday,
adding billions to the overall market capitalization of the entire cryptoconomy.

The surprise upward trend shows a few of the top-performing cryptocurrencies have gained between 10-20% in the last 24 hours.
https://news.bitcoin.com/market-update-crypto-prices-spike-significantly-in-a-matter-of-minutes/

There are many theories for the surge. Some say it is all about China. Others speculate it is U.S. Congress grilling Mark Zuckerburg.
Their skepticism and lack of understanding brings more confidence to the market (very contrarian view). There is a group that believes
Bitcoin whales drive price since they work on weekends and this is when these spikes tend to happen.
https://www.bitcoininsider.org/article/77091/3-reasons-could-explain-why-bitcoins-price-surged-42-one-day

Price of Bitcoin goes up every time Brad Sherman speaks



Representative Brad Sherman, a Democrat from California, once again exclaimed that bitcoin was a threat to the U.S. dollar.

The thing for certain is Bitcoin is wild and volatile. From technical analysis charts to consumer sentiment and adoption who knows where this train ride is heading?

So what is your theory on the latest Bitcoin bump?