The State Bank of Pakistan (SBP) has taken a firm stance against cryptocurrencies by issuing a circular that bans dealing in digital currencies. Signed by the governor of the State Bank of Pakistan, the directive moves the country decisively into a crypto-skeptical position.
Bitcoin Analysis: BTC Holds $70K–$72K Support as Market Weakens
Bitcoin remains under pressure after breaking the key $75,000–$76,000 support zone, with market sentiment cautious as ETF inflows weaken and the technical outlook deteriorates. That said, BTC is approaching a meaningful confluence of technical support around $70,000–$72,000, where an ascending trendline and the 100-day moving average may offer the market temporary relief. Bitcoin Price Analysis: … Read more