New York (CNN Business)Bitcoin prices shot up 15% Tuesday and briefly rose above the $5,000 level for the first time since November. But good luck finding a reason to explain the sudden spike.
Nigel Green, founder and chief executive of deVere Group, simply said in a report that “there is a growing sense that Bitcoin is back.”
Green added that “this dramatic jump is likely to attract many investors who have been sitting on the sidelines,” including big institutions.
