#$BTC
The current price of Bitcoin (BTC) is approximately 26,723,459.21 Pakistani Rupees.
Here's a more detailed look at Bitcoin as of today, Tuesday, April 29, 2025:
* Current Price (USD): Around $94,300 - $95,000 (fluctuating slightly across different sources).
* 24-Hour Change: Slightly positive, with increases ranging from 0.04% to around 1.16%.
* Market Capitalization: Approximately $1.87 - $1.89 Trillion USD, remaining the largest cryptocurrency by market cap.
* 24-Hour Trading Volume: Roughly $31 - $34 Billion USD, indicating significant trading activity.
* Circulating Supply: Around 19.86 Million BTC, which is about 94.56% of the total maximum supply of 21 Million BTC.
* All-Time High: Bitcoin reached its highest price in December 2024 and January 2025, crossing levels around $108,000 - $109,000 USD.
Historical Context and Price Movements:
* Bitcoin was introduced in 2009, initially with virtually no monetary value.
* The first real-world transaction occurred in May 2010, where 10,000 BTC were traded for two pizzas.
* Bitcoin reached parity with the U.S. dollar in February 2011.
* The price has experienced significant volatility throughout its history, with notable bull runs and bear markets.
* Factors influencing Bitcoin's price include speculative trading, market sentiment, adoption rates, technological advancements, and macroeconomic conditions.
Key Market Information:
* Bitcoin's market capitalization represents the total value of all Bitcoin in circulation. It's calculated by multiplying the current price by the circulating supply.
* Trading volume indicates the total amount of Bitcoin that has been traded over a specific period (usually 24 hours). Higher volume can suggest greater liquidity.
* Bitcoin's price is known for its volatility, making it a higher-risk but potentially high-reward asset.
It's important to note that the cryptocurrency market is dynamic, and prices can change rapidly. The information provided here reflects the current situation based on available data.