$BTC
As of May 15, 2025, Bitcoin (BTC) is trading at approximately $102,171, reflecting a slight decline of 0.9% over the past 24 hours. In Pakistani Rupees, this equates to around PKR 28.8 million per BTC. The cryptocurrency market remains cautiously optimistic, bolstered by renewed institutional interest, particularly from BlackRock-led ETFs, and easing global trade tensions. However, investors are closely monitoring upcoming U.S. inflation data, as a lower-than-expected Producer Price Index (PPI) could influence expectations for a Federal Reserve rate cut later this year.
Technically, Bitcoin maintains a bullish structure, with $100,000 serving as a key psychological support level. A decisive move above $105,000 could reignite upward momentum, but market conditions remain fragile amid rising exchange reserves and volatile altcoin activity. In Pakistan, the crypto market has seen a modest recovery, with the overall market capitalization increasing by 2.08% to reach $3.22 trillion. As always, investors are advised to stay informed and exercise caution in this dynamic market environment.