The Bitcoin News 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 all the logs and cache for that time period and found it was a rare data caching issue," said a spokesperson from LakeBTC.
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