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Reading: Bitcoin slides over Rs 593,000 in a day, trades at Rs 32.7 million
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  • bitcoinBitcoin(BTC)$68,035.00-1.37%
  • ethereumEthereum(ETH)$1,968.01-3.04%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$630.35-1.41%
  • rippleXRP(XRP)$1.36-2.56%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$86.45-0.80%
  • tronTRON(TRX)$0.279178-1.46%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.030.24%
  • dogecoinDogecoin(DOGE)$0.089450-4.46%
Blockchain Technology

Bitcoin slides over Rs 593,000 in a day, trades at Rs 32.7 million

Last updated: August 24, 2025 4:20 am
Published: 6 months ago
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On Saturday, August 23, 2025, the exchange rate for Bitcoin (BTC) in Pakistan’s open market stood at PKR 32,723,016.75, reflecting a sharp decline of PKR 593,383.61 compared to the previous day’s closing figure of PKR 33,316,400.36.

Despite the dip, Bitcoin remains the leading digital currency worldwide, often referred to as “digital gold” due to its scarcity and enduring demand.

Its value proposition continues to lie in a limited supply of 21 million coins, the transparency of its underlying blockchain technology, and the increasing interest from institutional investors.

Cryptocurrency as a whole continues to reshape global finance by enabling decentralised, borderless transactions and offering investors an alternative hedge against inflation.

With adoption steadily growing across both emerging and developed economies, Bitcoin remains at the heart of the digital asset revolution, even as its daily price sees frequent volatility.

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