Bitcoin (CRYPTO: BTC) was spiking up over 5% higher at one point during Wednesday’s 24-hour trading session, dragging Ethereum (CRYPTO: ETH), Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) higher. The move higher in the crypto space came in tandem with spot gold, which was edging moderately higher and inversely to the general market, which saw the S&P 500 falling from its high-of-day.