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The REAL Reason Bitcoin Price is PUMPING! (8 Minute explanation)Bitcoin, the most popular cryptocurrency, fell below the psychologically important threshold, dropping by as much as 9% to less than $19, and. The price of bitcoin fell below $20, for the first time since late on Saturday, in a fresh sign that the selloff in cryptocurrencies. It plunged as much as % to less than $18, by late afternoon East Coast time, according to cryptocurrency news site CoinDesk. The last time.