Bitcoin Price Watch: Currency Spikes by $100 Following Patrick Byrne Commentary

At press time, the father of cryptocurrency is trading in the $6,500 range. This is about $100 higher than where it’s stood over the past several days, and it appears we’re heading back to where we were in September and early October. Several factors must be accounted for when examining the sudden spike. For one thing, Overstock.com CEO Patrick Byrne recently came forward to say that he sees cryptocurrency and blockchain technology as significant, and he believes both will reach mainstream status in the coming months.