Bitcoin Breaks Barrier

There's definitely something of an irrational behaviour creeping into the market," said Kyle Rodda, senior markets analyst at Capital.com

World's largest cryptocurrency rose as much as 8.4% and was trading 7.9% higher at $5,209 as of 12:34 pm in London

Bitcoin, the original and still the biggest cryptocurrency, has been on a tear recently, rallying nearly 75% in barely a month