As of May 31, 2025, Bitcoin (BTC) is trading at approximately $103,807 USD, reflecting a 0.02% decrease from the previous close.

In Pakistani Rupees (PKR), this equates to roughly ₨29.2 million per BTC, based on current exchange rates.

📉 Market Overview

Bitcoin recently reached an all-time high of $111,000 in May 2025. However, it has since experienced a pullback, with analysts expressing concerns over potential bearish trends, including the formation of a "death cross" pattern.

🏛️ Global Policy Developments

Significant policy shifts are influencing the crypto landscape:

United States: President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve, positioning Bitcoin as a national reserve asset.

Pakistan: The government announced the creation of a state-backed Bitcoin Strategic Reserve, signaling a major shift in its crypto policy.

🏦 Institutional Investment

Institutional interest in Bitcoin remains strong:

MicroStrategy: The company, now rebranded as "Strategy," has accumulated over 528,000 BTC, representing more than 2.6% of Bitcoin's circulating supply, with an average acquisition cost of $67,458 per BTC.

Bitcoin ETFs: U.S. spot Bitcoin ETFs have surpassed $125 billion in holdings, accounting for over 6% of Bitcoin's current supply, indicating increased institutional adoption.

While Bitcoin faces short-term volatility, these developments suggest a growing institutional and governmental endorsement of the cryptocurrency.