http://www.coindesk.com/renewed-optimism-drives-bitcoin-price-high-494/The price of bitcoin on the CoinDesk CNY BPI saw a similar spike, rising to a high of ¥3041.89, up from its opening at ¥2769.04.
At press time, prices on both the USD BPI and CNY BPI had cooled somewhat, with the price of bitcoin observed at $483.54 and ¥3010.13, a rise of roughly 8% on each index.
The first significant market movement in some time, the day’s activity could be seen as yet another sign the price of bitcoin may be poised for a bull run, as some analysts have speculated.
