Bitcoin Price Holds Near $63,000 as Analysts Say Its Store-of-Value Thesis Remains Intact

Bitcoin traded near $63,000 after falling to a two-month low, driven by ETF outflows, macroeconomic uncertainty, and capital shifts to AI stocks. Analysts at Bernstein argue Bitcoin's 'store of value' thesis remains intact, citing institutional adoption and a price target of $150,000 for 2026. The CLARITY Act, aimed at regulating digital assets, advanced in Congress.