ISLAMABAD (Newsman): After peaking to $ 93.4 k last week, Bitcoin slipped below $ 90k.
Currently, its trading at 87,730.90. Following outcome of US elections and picking up of the world richest man, Elon Musk by Donald Trump, US president-elect, for advisory role Bitcoin had taken big jump to achieve $ 93.4k mark early this week.
The investors were eyeing more upward tragectorty of Bitcoin.
They were eyeing Bitcoin touching the biggest milestone of $ 100 k.
However, Bitcoin has taken a reverse swing and it’s trading in negative zone at all trading bourses.
Like other investors Pakistani players of cryptocurrency are also injecting more money in Bitcoin.
They like other investors are expecting big soaring of Bitcoin once Alan Musk takes role of the advisor to Trump government.
Although, Bitcoin and other crypto currency trading is illegal, but a parallel crypto currency black market is flourishing in Pakistan.