Pakistan Stock Market Overtakes Bitcoin
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Pakistan Stock Market Overtakes Bitcoin The stock market crossed the one lakh mark.
The Pakistan Stock Market crossed the psychological threshold of one lakh for the first time in history creating a new history. On the fourth day of the business week, the Hundred Index witnessed a rally from the beginning of the trade.
November 28 became the golden day in the history of Pakistan stock market. November proved to be a record month in the history of Pakistan Stock Exchange.
On the other hand, the price of Bitcoin went up to the highest level of 98 thousand dollars. The price of Bitcoin has doubled this year. Currently, the price of Bitcoin is 95 thousand 832 dollars.
The price of cryptocurrency is continuously increasing, one bitcoin has become more expensive in Pakistani rupees than two crore 65 lakh rupees.
Also Read: Stock Market Sets New Record, Crosses One Lakh Mark For The First Time
The increase comes at a time when a report claimed that US President-elect Donald Trump’s social media company is in talks to buy a crypto trading firm.
Traders hope that President-elect Donald Trump’s administration will provide a friendly environment for cryptocurrencies, with the total value of the crypto market surpassing $3 trillion, a record high.
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