$ETH

The BTC/ETH coin pair represents the exchange rate between Bitcoin (BTC) and Ethereum (ETH), two of the most dominant cryptocurrencies. Instead of trading either coin against fiat currencies like USD, this pair allows traders to directly compare the value and performance of Bitcoin relative to Ethereum. It’s popular among crypto enthusiasts for portfolio diversification and arbitrage opportunities. When BTC/ETH rises, Bitcoin is gaining strength over Ethereum; when it falls, Ethereum is outperforming Bitcoin. Traders often analyze this pair to understand market sentiment between the two leading blockchains, especially during major updates, macro events, or shifts in investor behavior.