Bitcoin has been rallying hard so far this year, largely due to the renewed interest in bitcoin and cryptocurrencies sparked by social media giant Facebook's much-hyped Libra cryptocurrency project, which was unveiled last month.
The bitcoin price, which had struggled through a bitter bear market throughout 2018, has added over 250% so far this year, but continues to swing wildly as traders and investors attempt to find steady ground and has lost some 10% over the last 24-hour trading period.
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