KARACHI – Bitcoin, the world’s largest cryptocurrency, was created in 2009 by an anonymous individual or group known as Satoshi Nakamoto.
Bitcoin transactions are recorded on a public ledger called the blockchain, which ensures transparency and security for investors. The currency is mined through a process where powerful computers solve complex mathematical problems. Bitcoin has become popular both as a store of value and a speculative investment asset.
Following the US elections, where Donald Trump was re-elected, Bitcoin witnessed massive gains. However, as of December 10, the cryptocurrency has seen a significant decline, with its value dropping below $100,000.
Bitcoin to US Dollar Exchange Rate Today
As of 09:37 am PST, according to Binance’s live rates, Bitcoin is valued at $96,977.43.
Bitcoin to Pakistani Rupee Exchange Rate Today
In Pakistani rupees, Bitcoin has dropped to Rs26.952 million, reflecting a decrease of 0.02 percent during today’s trading.
