Bitcoin to PKR Rates Today – Is BTC Gaining or Losing Value?

    The Market saw a 2.08% rise, with Bitcoin reaching PKR 25.8M ($98K). However, market caution remains as BTC must hold $93K to avoid a $1.3B liquidation risk.

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    Updated Mar 29, 2025 2:08 PM GMT+0
    Bitcoin to PKR Rates Today – Is BTC Gaining or Losing Value?

    Globally, the cryptocurrency market increased slightly on March 29, 2025. In the past 24 hours, with the global market capitalisation up 2.08%, the total is $3.22 trillion. Meanwhile, the trading volume continues to rise, increasing only 2.21%, to a total of $96.3 billion. While the market is up, there is cause for some optimism. However, the Fear & Greed Index still reveals there is some wariness, as we are at 37, and trading can be volatile.

    Bitcoin Price in Pakistan

    Bitcoin (BTC) is currently valued at PKR 25,828,751.86 per BTC in Pakistan, with a total circulating supply of 19,823,671 BTC. The market cap of Bitcoin has reached PKR 513,594,816,444,852.70. Moreover, Bitcoin’s volume traded in Pakistan increased by PKR 1,691,852,543,023.09 in the last day, representing a 13.05% increase. The previous day, the volume traded (converted from PKR 12,961,211,359,097.52) indicates that investors still exhibit interest in Bitcoin, despite the continuing changing market conditions. 

    Bitcoin’s Global Market Performance

    On international markets, Bitcoin has experienced a daily price increase of 1.22%, bringing the price to $98,095.43. This increase has resulted in BTC reaching a total market capitalisation of $1.94 trillion. Additionally, intraday trading volume has increased by 10.64% with Bitcoin transactions reaching $36.17 billion. Although the above numbers indicate a bullish trend, analysts warn that for the currency to maintain an upward trajectory, price action must maintain key support levels. If BTC falls below the key $93,000 support print, an estimated $1.3 billion in leveraged long positions could be liquidated, potentially causing an additional correction in broader market prices.

    Market Sentiment and Risks Ahead

    The growth of Bitcoin price and trading volume is a good omen for traders, but market analysts caution that uncertainties persist. The Fear & Greed Index at 37 suggests an overall fearful sentiment among traders, pointing to the risk of sudden market action.

    Moreover, macroeconomic conditions, regulatory changes, and institutional participation continue to influence the crypto space. The recent price volatility of Bitcoin illustrates how outside factors like economic policies and investor sentiment have a significant influence on the stability of the market.

    Conclusion

    The price of Bitcoin is seen as an indicator of the trends in the general momentum despite a minor bounce in the crypto market. Bitcoin prices have been pushed back up in both Pakistan and globally but if it can hold the important support levels, it will determine the momentum in the next few days for the market as a whole. Given how quickly cryptocurrencies change, investors and traders must remain informed about fluctuations in the global market and news updates. The numbers that are mentioned here are based on trustworthy websites such as CoinPedia and Coinbase which provide helpful insight on the current market.

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