$BTC As of May 12, 2025, Bitcoin (BTC) is trading at approximately $103,965 USD, reflecting a modest increase of 0.05% over the previous 24 hours. The day's trading range has been between $103,445 and $104,923 .
This uptick comes amid a broader market rally fueled by easing trade tensions between the U.S. and China, which have bolstered investor sentiment . Additionally, the recent establishment of a U.S. Strategic Bitcoin Reserve is seen as a significant step toward legitimizing Bitcoin as a reserve asset, potentially increasing institutional demand .
Despite these positive developments, Bitcoin's price remains below its all-time high of $109,114, achieved in January 2025 . Analysts suggest that while the current bullish trend is intact, caution is advised due to potential market volatility.
For investors in Pakistan, the current price of Bitcoin is approximately ₨23,248,360 PKR .