BTC to PKR: Conversion rate; February 28, 2025
The price of Bitcoin (BTC) was recorded at PKR 22,458,846.45 in Pakistani Rupees (PKR) on Friday, February 28, 2025 (approximately Rs 22.45 million), compared with the rate of PKR 23,861,183.66 at closing on February 27, 2025.
Coinbase delivered an outstanding financial performance in the previous year's fourth quarter, far exceeding profit forecasts. The surge was primarily fueled by a sharp increase in trading activity for Bitcoin (BTC) and other cryptocurrencies, closely tied to the aftermath of the U.S. elections. Donald Trump's election win in November reignited enthusiasm in the crypto market, with investors betting on his administration's potential to implement crypto-friendly policies. This optimism propelled Bitcoin prices to new heights, breaking the $100,000 barrier during the quarter. The rally underscored a broader trend of growing confidence in digital assets among mainstream investors, driven by expectations of favorable regulatory developments.
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