ISLAMABAD: On February 17, 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.
In Pakistan, the current price of Bitcoin is PKR 26,870,018.79 per BTC. With a circulating supply of 19,823,671 BTC, 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, PKR 12,961,211,359,097.52 worth of BTC was traded on the last day.
According to the international markets, Bitcoin’s price has surged 1.22% 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.
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