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Here is the translation of the Chinese text you provided: Bitcoin Surges Today, Short-Term Gains Exceed 2.7%On July 11, Bitcoin price saw a strong rebound, surging over 1% in the short term, and later expanding to 2

Here is the translation of the Chinese text you provided:

Bitcoin Surges Today, Short-Term Gains Exceed 2.7%

On July 11, Bitcoin price saw a strong rebound, surging over 1% in the short term, and later expanding to 2.7%, reaching $59,670. This rally brought a ray of hope to the recently volatile cryptocurrency market.

While the specific reasons are still being analyzed, industry experts generally believe that recent positive news and improving market sentiment may be key factors driving this rebound.

Investors need to closely monitor market developments and make investment decisions based on their individual risk tolerance.

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