$BTC

Bitcoin (BTC) is the first and most well-known cryptocurrency, often referred to as digital gold. It operates on a decentralized network using blockchain technology, allowing for peer-to-peer transactions without intermediaries. Bitcoin can be traded against various fiat currencies and other cryptocurrencies in various exchanges.

When discussing a coin pair, BTC is commonly paired with assets like USD (BTC/USD), ETH (BTC/ETH), or USDT (BTC/USDT). These pairs indicate how much of the second currency you need to purchase one Bitcoin.

Investors and traders analyze these pairs for price movements, trends, and market sentiment. BTC's volatility makes it a popular choice for trading, with many utilizing technical analysis and trading strategies to capitalize on price fluctuations. Additionally, Bitcoin's limited supply (21 million coins) contributes to its value proposition as a hedge against inflation. Overall, BTC remains a central figure in the cryptocurrency market.