Tag Bitcoin

Bitcoin, the world’s leading cryptocurrency, just shattered its all-time high, surging past $112,000 on Wednesday. This remarkable rally is fueled by a powerful combination of robust performance in tech stocks, particularly Nvidia’s historic $4 trillion market cap milestone, and a noticeable resurgence in investor appetite for risk. Experts highlight a significant shift in institutional investment strategies, with publicly traded companies now directly acquiring more Bitcoin than what flows into ETFs, signaling profound confidence in its enduring value. As “digital gold” continues to mirror the bullish trend of growth stocks, analysts predict further gains, potentially pushing Bitcoin beyond $120,000 in the coming week.

Pakistan takes a major step toward regulating digital assets as the Crypto Council forms a technical committee to draft a national framework for cryptocurrencies and blockchain integration.