$BTC

On Binance, a coin pair like BTC/USDT represents the trading relationship between two cryptocurrencies. In this pair, BTC (Bitcoin) is the base currency, and USDT (Tether) is the quote currency. This means you’re either buying Bitcoin using Tether or selling Bitcoin to receive Tether. The price displayed indicates how much of the quote currency (USDT) is needed to purchase one unit of the base currency (BTC).  

As of now, the BTC/USDT trading pair on Binance is priced at approximately $94,707, with a 24-hour high of $95,533 and a low of $93,580. The 24-hour trading volume stands at over 2 billion USDT, indicating high liquidity and active trading.

Bitcoin’s price has seen a modest increase of about 0.27% in the last 24 hours. Notably, recent large transfers of BTC to Binance by institutional investors suggest strategic profit-taking, which can influence market dynamics.