The Zhitong Finance App learned that Bitcoin suddenly rebounded strongly on Wednesday. At one point, it surged more than 8%, and the price reached a high of 6,9970.36 US dollars. It is only one step away from 70,000 US dollars, the highest level since the beginning of June, and also recorded the biggest one-day increase since March. With the rapid reversal of the market, a large number of bears were forced to close their positions, and the market experienced the largest wave of Bitcoin short liquidations since relevant records were recorded in 2021.

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