Bitcoin rose sharply once again on Wednesday evening and Thursday morning, climbing past the $40,000 mark.
It has been a volatile few weeks for bitcoin, with its price hitting an all-time high of close to $42,000 last week before paring. The price has consistently swung around 10% a day as investors buy in and cash out of the cryptocurrency, which has surged more than 330% in a year.
Bitcoin climbed as much as 7.5%, to $40,094.81. Its smaller rival Ethereum rose 7.2%…