Volatility has roared back into the world of digital currency.

After keeping a fairly low profile for the past few months, Bitcoin exploded yesterday, with its value gaining 17% in 30 minutes, putting it at its highest level since early December, momentarily hitting $5,080.

After some mild selloffs taking advantage of the spike, the cybercurrency was on the rise again Tuesday. As of 11:00am ET, Bitcoin prices stood at $4,746, according to CoinDesk.

Most major cybercurrencies are following the same pattern. Ethereum is up more than 9% since Monday morning. Bitcoin Cash is up nearly 18%. And Litecoin is up 14%.

There did not appear to be a specific reason for the surge other than improving investor sentiment in digital currencies. Bitcoin has been trading steadily in the $3,500 to $3,800 range for several months after its collapse last year. It began to show signs of life in March with its first monthly gain since July 2018. Once it topped…

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Source: http://fortune.com/2019/04/02/bitcoin-price-surge-april-2019/