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Bitcoin continues upward trend, reaches $86,602

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Staff Reporter

CALIFORNIA: On a positive note bid for Thursday’s trading, Bitcoin (BTC) continued in its bullish momentum after Wednesday closed at $84,144.59.

Even after a brief shedding of 84,129.79 at 00:34 UTC, BTC swiftly bounced back and clocked $85,260.64 at 01:29 UTC after a momentous gain of $1,116.05.

Bitcoin showed slight fluctuations through the morning but came out swinging with a high of $86,602.13 at 06:41 UTC, thereby gaining $2,472.34. As of 08:45 UTC, Bitcoin was quoted at $86,043.88, which is roughly Rs24,116,095 in Pakistani rupee.

The other cryptocurrencies were up as well; Ether (ETH) gained 0.84% at $2,353, Dogecoin (DOGE) increased by 2.21%, quoting $0.2077, while the Binance Coin (BNB) expanded 0.78%, marking $615.

Anyway, Pi Coin had impressive growth surpassing the $2 line with $2.97 achieved yesterday. Currently, Pi Coin quotes $2.66, or Rs742.59 in Pakistani rupee.

Analysts predict, or expect, the price of Pi Coin to reach $500 by or before 2025, having witnessed huge drops right after its launch

Staff Reporter

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