Bitcoin (BTC) – Today’s Market Snapshot

• Current Price: Bitcoin is trading at $117,811, showing an intraday gain of about $1,398, approximately +1.2%.

• In PKR:

Conversion rates place $BTC BTC between ₨32.56 million (CoinGecko) and ₨33.5 million (bitbo.io), a variation of up to ~3%, depending on the source.  

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What’s Driving the Bitcoin Market?

• Institutional Support & Policy Moves:

The U.S. has taken a symbolic step by formally recognizing Bitcoin in its strategic reserves. An executive order signed in March 2025 establishes a Strategic Bitcoin Reserve, funded by Treasury‑held BTC and earmarked as a reserve asset—affirming the government’s growing, albeit cautious, embrace of crypto. 

• Ongoing Rally & ETF Momentum:

Bitcoin’s solid performance is also linked to continued ETF adoption and growing institutional demand, spurred by its limited supply and favorable macroeconomic trends.