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The Greatest Bitcoin Explanation of ALL TIME (in Under 10 Minutes)Bitcoin traded for around $26, as of mid-June despite a crackdown by the Securities and Exchange Commission on the crypto industry. Bitcoin rallied above $47, Friday, touching its highest level in more than two years � aside from the intraday spike on the Jan. Bitcoin rallied Friday toward its highest level since March , erasing January's nearly 20% selloff during its post-ETF hangover.