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Even idle speculation that mysterious bitcoin founder Satoshi Nakamoto might be moving around a small batch of the cryptocurrency appeared sufficient to spook the market.

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Demand for bitcoin has surged again as the halving countdown of the virtual currency will occur in a few days. Depending on who you believe, Halvings either cause Bitcoin‘s price to skyrocket, its hash rate to crash, or simply exist as a relatively boring exercise in economic theory.

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Bitcoin (BTC) staying above $8,000 is a sign of increasing momentum and detachment from the stock market beta-pull, according to Bloomberg senior analyst Mike McGlone.

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