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Other major cryptocurrencies that tend be correlated to bitcoin such as ethereum and Ripple's XRP also gained
Crypto diehards see Bitcoin's 70 per cent rebound from its 2018 low (and even bigger gains for so-called alt coins) as the start of a new bull market
GTI Global Strength Indicator flashes warning signal
Bitcoin volume in the top five digital currency exchanges totalled $2.14 billion last month, the lowest since April 2017 when volume was just $845.7 million
The cryptocurrency briefly topped $5,000 and the value of digital assets tracked by CoinMarketCap.com jumped by about $17 billion in less than an hour
Bitcoin surged to near $20,000 in late 2017, the peak of a bubble driven by retail investors that pushed cryptocurrencies onto the agenda of mainstream financial firms
Between 2014 and 2018, the number of internet subscribers has more than tripled to over 560 million from 177 million
Bitcoin experienced astonishing growth in 2017 to peak at a record $19,500 by the end of that year
Like many other companies, Facebook is exploring ways to leverage the power of blockchain technology