Bitcoin Holds Near $63K as Saylor Highlights Scarcity Thesis

VG Markets · 2026-08-17T05:49:43Z

Bitcoin hovered around $63,000 as Strategy’s Michael Saylor renewed his “digital monetary energy” thesis, citing Bitcoin’s capped 21 million supply and decentralized network. With BTC range-bound and institutional positioning mixed, traders should watch $63K for a breakout and monitor ETF flows for confirmation.

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