$BTC Bitcoin (BTC) is currently trading at $104,260 USD, reflecting a 2.9% increase from the previous close. The intraday high reached $104,376, while the low dipped to $101,065.

In Pakistani Rupees (PKR), the latest available data from May 12, 2025, indicates that Bitcoin was valued at approximately PKR 29.2 million . Please note that exchange rates may have fluctuated since then.

The recent price movement comes amid anticipation of the U.S. Consumer Price Index (CPI) report, which could influence market sentiment and monetary policy decisions. A higher-than-expected inflation reading might lead to a stronger U.S. dollar, potentially impacting Bitcoin's price dynamics .

Additionally, technical analysis suggests that Bitcoin is forming a bullish trend, with support around the $103,500 level. A breakout above current resistance levels could pave the way for further gains .

Investors are advised to monitor macroeconomic indicators and market trends closely, as these factors continue to play a significant role in Bitcoin's price trajectory.