Bitcoin soars above $36,000 after Elon Musk changes his Twitter bio

Bitcoin jumped as much as 14% on Friday, touching its highest for 10 days, with traders citing a move by Tesla CEO Elon Musk mentioning the cryptocurrency in his bio page on Twitter.

The largest cryptocurrency rallied above $36,000, with brokers attributing the move to Elon Musk tagging the cryptocurrency in his Twitter biography.

Bitcoin spiked about 15% within minutes as the London trading day got underway. On the day, Bitcoin hit as high as $37,060 and was last up 10% at $36,711.