The CoinDesk BPI spiked this weekend due to an error in the data reported by the LakeBTC exchange.
From 09:18 UTC to 12:24 UTC on 26th October, LakeBTC’s price ticker reported a bid value of $1,000. Immediately prior to this, the value was $351.34. A LakeBTC data caching issue caused its price ticker to show an erroneous, high, bid value. "We thought it was the trades but the trade history looked fine. Product support reviewed […]