$ETH The ETH/BTC trading pair is fundamental in the cryptocurrency market, representing the value relationship between Ethereum and Bitcoin. This pair allows investors to assess the relative strength of both cryptocurrencies and trade directly between them without resorting to fiat currencies. The dynamics of ETH/BTC often reflect changes in market sentiment: a rising ETH/BTC suggests that Ethereum is gaining value against Bitcoin, while a decline indicates the opposite. It is a key indicator for many traders looking to diversify or adjust their positions between the two largest cryptocurrencies by market capitalization.