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The REAL Reason Bitcoin Price is PUMPING! (8 Minute explanation)Cryptocurrency News: Crypto prices and related stocks rallied early Friday as bitcoin surged above $47, to its highest level in more than two years, barring. Bitcoin's price stabilized Thursday, wavering between gains and losses. The world's largest cryptocurrency flirted with the $40, level. The price of bitcoin has settled at around $49, on Monday after a major crash wiped out nearly 20 per cent of its value on Saturday.