Key Takeaways Bitcoin rebounded to a daily high of $62,137 to kick off July, widening the gap from its recent local low. Over $606 million in leveraged bets were liquidated, as Coinglass data showed short positions took the brunt. While Scott Melker eyes a bottom due to whale buys, one analyst warns S&P 500 macro trends could trigger panic. Liquidations Flip the Script on Derivatives On Thursday, bitcoin logged further marginal gains, briefly breaching the $62,000 threshold and widening the gap from a year-to-date low of $57,735 recorded some 48 hours earlier. Market data showed bitcoin largely held above the …


