Conversion rate: BTC to PKR; Friday 21,2025

 The price of 1 Bitcoin (BTC) as of Friday, February 21, 2025 (around February 20 within the US time schedule) 27,4 million Pakistani Rupees (PKR) was recorded as Rs.27433215.18.

In a stroke, cryptocurrency exchange Coin Base delivered a fourth-quarter financial performance that blew past market profit estimates. This favorable result was due to the large number of trading volumes on Bitcoin (BTC) with a range of other digital cash, a pattern that closely accompanied the U.S. elections.

The turning point came with Donald Trump’s election victory in November, which sparked a new surge of interest in the cryptocurrency market. Investors predicted that under his administration policies beneficial to cryptocurrencies were likely, which brought increased interest in the market. Consequently, Bitcoin soared in price, breaking the major barrier of $100K at that time.

This spike was indicative of not only bullishness in crypto trading, but growing acceptance of digital currencies among mainstream investors, eager to take advantage of higher returns as soon-to-come regulatory changes were forcing early adoption of the digital asset market.

Yet, amid this thriving ecosystem in many areas of the world, one should keep in mind the regulatory difficulties cryptocurrencies need to overcome in the territories around the world. For example, in 2018, the State Bank of Pakistan (SBP) released an official notification to both commercial banks and the general public to refrain from trading, the phenomenon of cryptocurrency (Explicitly mentioning Bitcoin and Litecoin).

This cautionary stance highlighted ongoing concerns regarding the risks associated with digital currencies, including their potential for use in illicit activities and the volatility that can lead to significant financial losses for uninformed investors.