$BTC
The BTC/USDC trading pair represents the exchange rate between Bitcoin (BTC) and USD Coin (USDC), a stablecoin pegged to the U.S. dollar. This pair is popular among traders who want to hedge against Bitcoin’s volatility while maintaining liquidity in a crypto-native environment.
USDC, being a regulated and fully backed stablecoin, offers stability, making BTC/USDC an ideal pair for traders looking to enter or exit Bitcoin positions quickly without converting to fiat. Market movements in this pair often reflect Bitcoin’s overall market trend, with traders using USDC as a safe haven during downturns. It is widely used in spot trading, arbitrage, and automated trading strategies.