Bitcoin (BTC) hit a new all-time high of $110,099 early Thursday morning, continuing its strong comeback in 2025. The leading cryptocurrency has gained over $30,000 since dipping to around $75,000 in early April.
By 6 AM (PKT), Bitcoin had risen nearly 4% to just above $110,100. At 7:50 AM, it was holding steady around $109,881, up 3% for the day.
The rally comes as global interest in crypto grows, with many governments expressing support for the sector. Investors are showing more confidence and a greater appetite for risk, driving demand across digital currencies.
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A market insider told ProPakistani that thousands of new Pakistani investors are pouring money into smaller digital coins. This surge followed a major announcement from Pakistan’s Ministry of Finance, which launched the Pakistan Digital Assets Authority (PDAA) on Wednesday. The PDAA will regulate and support the country’s growing virtual asset sector, now valued at over $25 billion.
Crypto analysts believe Bitcoin could climb even higher — with some predicting it could reach $200,000 by the end of 2025.
Other top coins are also rising:
- Ethereum (ETH) is up 2.45% at $2,590
- Solana (SOL) is up 3.8% at $175
- Binance Coin (BNB) is trading at $679
