The price of Bitcoin has crossed the $100,000 mark for the first time in history.
The price of one bitcoin in Pakistani rupees has increased to more than 28 million rupees, after the election of Donald Trump as president, the price of bitcoin is increasing rapidly.
Bitcoin has more than doubled in value this year and is up nearly 45% in the four weeks since Trump won the election.
When Bitcoin was introduced in 2009 with a value of zero, on October 26, 2010, its value rose from $0.10 to $0.20. Before the year ended, it had reached 0.30.
In 2011, bitcoin began to rise above one dollar, reaching a high of 29.60 on June 8, 2011. But in the meantime, cryptocurrency markets suffered a sharp downturn, and bitcoin’s value plummeted, ending the year at around $5.2 a bitcoin.
After the approval of the fund in early 2024, the value of bitcoin rose sharply, in late February and early March, bitcoin once again crossed the sixty thousand dollar mark, on March 6, the price of bitcoin At $69,210, the price rose further to a high of $70,184 on March 8.
On November 7, 2024, Bitcoin hit an all-time high of $76,999 and closed at $75,820 after Donald Trump was re-elected as president. The coin crossed the 80000 mark.
On the morning of November 13, 2024, Bitcoin crossed the $91,000 mark, the market gained momentum in the following days, and on November 22, 2024, Bitcoin reached an incredible high of $99,555.
Thus the value of Bitcoin continues to increase, experts were comparing the value of Pakistan Stock Exchange and Bitcoin and said who will cross the 100,000 mark first, thus Pakistan Stock Exchange on Bitcoin By extension, on December 5th, Bitcoin’s value has even exceeded the $101,170.6 level.