Market Drivers & News:
ETF Outflows & Liquidations: Continued institutional pressure has kept the market cautious, with spot Bitcoin ETFs seeing considerable net outflows and total liquidations topping hundreds of millions.
Regulatory Scrutiny & Deadlines: Crypto markets are also digesting heavy regulatory pressures, including recent sharp investigative developments (such as strict Senate deadlines hitting major crypto entities like Binance and Tether).
Broader Sentiment: Macroeconomic risk-off moods, tech stock pressures, and leverage trimming have kept BTC under close watch as it tries to anchor key support levels around $75,000.
Gold Update
International Spot Price: Gold remains strong on global markets, trading around $4,086 per ounce.
Local Market (Pakistan):
24K Gold: The price stands at approximately Rs. 432,336 per tola (with 10 grams priced around Rs. 370,658), following upward adjustments by local associations.
22K Gold: Trading around Rs. 396,308 per tola.
ETF Outflows & Liquidations: Continued institutional pressure has kept the market cautious, with spot Bitcoin ETFs seeing considerable net outflows and total liquidations topping hundreds of millions.
Regulatory Scrutiny & Deadlines: Crypto markets are also digesting heavy regulatory pressures, including recent sharp investigative developments (such as strict Senate deadlines hitting major crypto entities like Binance and Tether).
Broader Sentiment: Macroeconomic risk-off moods, tech stock pressures, and leverage trimming have kept BTC under close watch as it tries to anchor key support levels around $75,000.
Gold Update
International Spot Price: Gold remains strong on global markets, trading around $4,086 per ounce.
Local Market (Pakistan):
24K Gold: The price stands at approximately Rs. 432,336 per tola (with 10 grams priced around Rs. 370,658), following upward adjustments by local associations.
22K Gold: Trading around Rs. 396,308 per tola.