Yeah I'm gonna ride my alts down to all time lows

I'm gonna buy til I can't no more

I'm gonna buy these alts cos they're oversold

Bitcoin rose to an 18-month high on Wednesday due to the geopolitical tension and the official announcement of Facebook blockchain project, Libra.

Facebook has successfully convinced several international giga brands to participate in its Libra blockchain project.

The bitcoin exchange rate reached a 15-month peak on Monday after a rise of over 10 percent during the weekend, says Reuters.

Facebook has published the plan of its cryptocurrency, Libra, to help meet the daily financial needs of billions of people.