More than $5 billion have entered the Bitcoin market in the last hour or so. The price of the leading digital asset at around midday GMT today was about $7,668. At the time of writing, it has since surged to almost $8,000 again.
The most popular crypto asset by market capitalisation actually surpassed the $8,000 point on some exchanges. At the time of writing, the price of Bitcoin on long-serving crypto exchange BitStamp was actually $8,007.