As of June 6, 2025, Bitcoin (BTC) is trading at approximately $104,707, reflecting a 0.18% increase from the previous close.
In the UK, the Financial Conduct Authority (FCA) has proposed lifting its ban on retail investment in cryptocurrency-linked exchange-traded notes (ETNs), citing market maturation and investor protection. This move aligns with global efforts to attract crypto industry investments .
In the U.S., Trump Media & Technology Group has filed for the "Truth Social Bitcoin ETF," aiming to provide retail investors with direct Bitcoin exposure. The ETF's approval could further integrate Bitcoin into mainstream financial markets .
Globally, Bernstein analysts project Bitcoin's price could reach $200,000 by the end of 2025, driven by institutional demand and reduced supply post-halving .
In Pakistan, the government has launched the Pakistan Crypto Council to regulate and promote blockchain technology and digital assets, aiming to integrate crypto into the national economy .
However, Bitcoin's price has experienced volatility due to macroeconomic uncertainties and political tensions, including a clash between Donald Trump and Elon Musk, which has impacted investor sentiment .
Overall, while Bitcoin's market outlook remains bullish, external factors continue to influence its price dynamics.
