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Just caught something interesting - Bitcoin hit around Rs 27.88 million in Pakistan back in December 2024, and the price momentum was pretty solid during that trading session. Most traders were riding the wave after Trump's election win, betting that the new administration would be more crypto-friendly. That optimism definitely pushed prices up.
What's wild is that Pakistan has had a pretty rocky relationship with crypto. The State Bank of Pakistan basically warned banks to stay away from Bitcoin and Litecoin back in 2018, which created this weird disconnect between the regulatory stance and actual market interest. But despite that friction, people have kept trading Bitcoin there.
For context, Bitcoin started as encrypted software back in 2009 - some Australian guy Craig Wright claimed he created it, though plenty of people dispute that. The network basically verifies every transaction through encrypted codes, and there's a hard cap of 21 million coins that will ever exist. Fast forward to now and Bitcoin's trading way higher - we're talking around $78,700 per coin in May 2026. That's a massive jump from those 2024 levels in Pakistan.
Obviously prices swing wildly, so anyone actually trading needs to check current rates with a reliable exchange. Not financial advice, just observations from watching the market.