2 min read
Today, Pakistan has taken a major step toward regulating its booming cryptocurrency market. Under the newly enacted Virtual Assets Ordinance, 2025, the Pakistan Virtual Assets Regulatory Authority (PVARA) has issued invitations to international crypto firms and virtual asset service providers (VASPs) to apply for operating licenses here. Only companies already regulated by global bodies like the US SEC, UK FCA, MAS (Singapore), etc., are eligible.
Simultaneously, global crypto markets are feeling cautious. Bitcoin prices have slightly dipped; investor attention is on upcoming U.S. interest rate decisions and inflation data.
Market Overview (Today)
• Bitcoin (BTC) is trading around $114,600–$115,000, with a small decline in price (about –0.5% to –1% over 24h). Trading volumes are elevated.
• Ethereum (ETH) has also slipped (~–1.5% to –2%) and shows strong trading activity. Solana (SOL) is down more sharply (around –4% 24h), despite high volume. Memecoins / smaller altcoins are behaving erratically: some are down significantly, others have brief spikes. The risk appetite seems low right now.
• Global macro influences potential interest rate cuts in the U.S., inflation indicators, regulatory clarity are having a strong effect on sentiment.
Key Highlights:
• PVARA’s licensing move could bring legitimacy to the crypto ecosystem in Pakistan, improve consumer protection, and reduce illicit finance. But compliance requirements are strict.
• The U.S. Fed’s upcoming policy decisions (especially regarding interest rates) are being closely watched even a small change could shift capital flows between crypto and traditional assets.
• Bitcoin is consolidating just below recent highs; resistance around ~$116,000–$118,000 seems strong.
• For altcoins like Ethereum, Solana etc., volatility remains higher downside risk is more visible in short term unless some positive news or catalysts arrive.
Today’s Price Table Top 5 Coins
| Coin | Current Price (USD)* | 24-Hour Price Change | 24h Trading Volume | 24h Price Range |
| Bitcoin (BTC) | ~$114,700 | –0.5% to –1.0% | ~$45-50B | $114,300 – $116,700 |
| Ethereum (ETH) | ~$4,490 | –1.5% to –2.0% | ~$35-40B | $4,480 – $4,670 |
| Solana (SOL) | ~$233 | ≈ –3.5% to –4.5% | ~$10-11B | $231 – $248 |
| BNB (Binance Coin) | ~$916-$920 | Mild change (≈ ±1%) | Moderate-High | — |
| XRP | ~$3.00-$3.05 | Slight drop (≈ –1% to –2%) | Moderate | _ |
| Bitcoin (BTC) | ~$114,700 | –0.5% to –1.0% | ~$45-50B | $114,300 – $116,700 |
