$BTC As of Wednesday, April 30, 2025, at approximately 9:32 AM IST, the price of BTC/USDT is listed around:
* Coinbase: Approximately $94,897.41 USDT
* Binance: Approximately $94,345.6 USDT
* CoinDCX: Approximately ₹8,094,972.49 INR / 95,369.61 USDT
Please note that cryptocurrency prices are highly volatile and can change rapidly. The prices listed above are indicative and may vary slightly across different exchanges at any given moment.
General Information about Bitcoin (BTC) and Tether (USDT):
* Bitcoin (BTC): Bitcoin is the first decentralized digital currency, created in 2009 by an anonymous person or group known as Satoshi Nakamoto. It operates on a technology called blockchain, which is a distributed public ledger that records all Bitcoin transactions. Bitcoin is known for its limited supply (21 million coins), which contributes to its store-of-value proposition. Its price is influenced by various factors, including supply and demand, market sentiment, regulatory news, and macroeconomic events.
* Tether (USDT): Tether is a stablecoin, a type of cryptocurrency designed to have its value pegged to a fiat currency, in this case, the US dollar. The idea behind stablecoins is to provide a less volatile cryptocurrency option for traders and investors. Tether claims that each USDT token is backed by one US dollar held in reserve. It is widely used in the cryptocurrency trading ecosystem as a base currency and for facilitating trades between other cryptocurrencies.
The BTC/USDT trading pair is one of the most liquid and widely traded pairs in the cryptocurrency market. It allows traders to speculate on the price of Bitcoin using the relative stability of Tether as the quote currency.
