#BTC
Pairing a coin with BTC (Bitcoin) refers to a trading pair where Bitcoin is used as the base currency to buy or sell another cryptocurrency. This is common on crypto exchanges, where altcoins like Ethereum (ETH), Litecoin (LTC), or Ripple (XRP) are traded against BTC. The BTC pair shows how much Bitcoin is needed to purchase one unit of the other coin. It helps traders assess value relative to Bitcoin instead of fiat currency. BTC pairs are crucial in the crypto market as Bitcoin is the most widely accepted and liquid cryptocurrency, often acting as a benchmark for overall market performance.
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