Business

Bitcoin into Pakistani Rupee exchange rates today — February 16, 2025

Published by
Staff Reporter

ISLAMABAD: On February 16, 2025, the crypto market experienced a minor recovery, with the market cap inching up by 2.08% to reach the landmark of $3.22 trillion. Despite this change, the volume of trades hit 2.21%, settling at $96.3 billion.

Amidst the prevailing uncertainties, the Fear & Greed Index now stands at 37, cautioning marketers of impulsive moves.

Bitcoin price in Pakistan

Whereas in Pakistan the current price of Bitcoin is PKR 26,870,018.79 per BTC. With a circulating supply of 19,823,671 BTC, it means that Bitcoin has a total market cap of PKR 532,347,741,876,408.30.

The amount of Bitcoin traded has risen by PKR 1,691,852,543,023.09 in the last 24 hours, which is a 13.05% increase. Additionally, on the last day, PKR 12,961,211,359,097.52 worth of BTC was traded.

According to the international markets, Bitcoin price has seen a 1.22% surge on its daily chart, taking its tag to $98,095.43.

The market capitalization of BTC now stands at $1.94 trillion, while its intraday trading volume has risen 10.64% to $36.17 billion.

However, market proponents warn that if BTC fails to hold its $93k support level, liquidation of nearly $1.3 billion in leveraged long positions could trigger a broader market decline.

It is important to note that these rates keep changing due to international market fluctuations. All of the above rates are collected from CoinPedia and Coinbase websites.

Staff Reporter

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