@oristarA,
I could be splitting hairs, but a spike doesn't have to be large. The nuance is more that it is sudden.
a. A sharp rise followed by a sharp decline in a graph or in the tracing of a scientific instrument.
b. A sharp momentary increase in voltage or electric current.
c. A sudden steep increase in prices.
To manifest or undergo a sudden increase followed by a sharp decrease: Traffic to the website spiked after the scandal broke.