Market Updates || Saturday 16 October, 2021|| Forex, Gold, Crypto||PAK Rupees|| 20% Beneficiary Steemit Pakistan
Greetings!,
Have a good day!
I hope you are all in good health. Please see today market rates. If you have any suggestions please mention in the comments section.
Date: Saturday 16, Oct 2021
Crypto Market:
At the time of writing 12:49 pm PST
Trend:
Short Term: POSITIVE
Overall: BULLISH (Upward)
- Speculators are trading based on Elon Musk Dodge coin tweet, Vladmir putin oil trading related to crypto news and US first bitcoin base ETF news. The recent hike main cause is, security exchange commission of USA approved BTC base ETF, which is wonderful news for bitcoin investors. Investors are feeling more secure due to the BTC-ETF fund. The first US bitcoin ETF start its trading on Monday or Tuesday. Bitcoin once again crosses the 60K level and is still expecting to grow up. Other currencies, Steem and SBD are acting opposite to market leader coins. STEEM and SBD are reverting to the mean level. Both are declining since yesterday.
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- On Friday opening, 3000 PKR increase on 24 KT per tola and 2400 PKR increase on 24KT 10 gram. These hike in prices due to high seasonal demand of gold.
Rates in Pakistan Rupees:
- BTC / PKR: 10,645,302 PKR (+) 3.9 % (if You want to purchase one bitcoin, then you have to pay that amount in PKR)
BTC to PKR rate today is 10,632,628 PKR and has surged 3.9% from 10,237,525 PKR since yesterday. And it still expected to grow up.
ETH / PKR: 660,327 PKR (+) Increase 0.5 % compare to yesterday same time price. ( (if You want to purchase one Ethereum, then you have to pay that amount in PKR)
SBD / PKR: 1,228.45 PKR (-) decreased 2.6 % compare to yesterday price. (if You want to Sell one SBD, then you will receive that amount in PKR)
Steem / PKR: 101.85 PKR (-) decrease 0.6 % compared to yesterday price. (if You want to Sell one Steem, then you will receive that amount in PKR)
Rate in US Dollar
BTC /USD: $ 61,728 (+) increased 4.21 % as compared to yesterday price.( if You want to purchase one bitcoin , Then you have to pay that amount in US dollar)
ETH /USD : $ 3,838.72 (+) increased 0.598 % compared to yesterday price. ( if You want to purchase one Ethereum , Then you have to pay that amount in US dollars)
SBD/ USD : $ 7.20 (-) decreased 2.48 % as compared to yesterday Price. ( if You want to Sell one SBD, then you will receive that amount in US dollars)
Steem / USD: $ 0.593(-) decreased 3.99 % as compared to yesterday price.( if You want to Sell one Steem, then you will receive that amount in US dollars)
Gold Market:
Gold ( Sarafa Market Karachi )
1 Tola : 24 KT ---------> 118,300 PKR
10 Gram : 24 KT -----> 101,423 PKR
Forex Market:
USD/PKR: Buying 171.50 PKR, Selling 171.80 PKR
Euro/PKR: Buying 197.50 PKR, Selling 199.0 PKR
SAR/PKR: Buying 45.50 PKR, Selling 45.70 PKR
AED/PKR: Buying 48.10 PKR, Selling 48.30 PKR
GBP /PKR: Buying 234.50 PKR, Selling 236.0 PKR
Disclaimer: This is not financial advice to invest in that particular coin/token. It's just my own analysis based on history and trends and anything can happen in Crypto anytime.
**Thank You Steemit Pakistan **
Respected Members
@haidermehdi
@hassanabid
@salmanwains
@steemit-pak
@steemcurator01
Sources:
- https://seekingalpha.com/symbol/STEEM-USD
- https://www.marketwatch.com/story/first-u-s-bitcoin-etf-looks-set-to-debut-monday-or-tuesday-from-proshares-trust-11634333449?siteid=yhoof2
- http://www.forex.com.pk/open_market_rates.asp
- https://epaper.dawn.com/
- https://www.coingecko.com
6: https://finance.yahoo.com/quote/BTC-USD?p=BTC-USD