As of 4:05 PM (Pakistan Standard Time) on July 18, 2025, Bitcoin (BTC) is trading at PKR 33,818,499.51.
This reflects an increase from its earlier closing rate of PKR 29,671,164.00 recorded on July 17, representing an uncertain upward movement in the cryptocurrency’s value.
Cryptocurrency is a type of digital money that uses encryption (called cryptography) to secure transactions. Unlike traditional currencies issued by governments, it’s decentralised and typically runs on blockchain technology, allowing people to send, receive, or store value online without relying on banks.
Examples include Bitcoin, Ripple, Dogecoin and many others, each with its own rules and use cases.
Bitcoin is a type of cryptocurrency, which means it’s a digital currency that operates independently of traditional banking systems. It’s powered by a technology called blockchain, a protected and decentralised ledger that records all transactions.
Many people consider Bitcoin an investment, while others use it for peer-to-peer payments. Like other cryptocurrencies, its value can be highly volatile, so it’s essential to approach it with research and caution.
Bitcoin originated from a groundbreaking idea introduced by an anonymous individual (or group) under the pseudonym Satoshi Nakamoto.
In October 2008, Nakamoto published a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System”, which proposed a decentralised digital currency that could operate without the need for banks or governments.
