$BTC

The BTC/USDT pair represents the trading of Bitcoin (BTC) against Tether (USDT). USDT is a stablecoin pegged to the value of the US dollar, making this pair a popular choice for traders looking to trade Bitcoin without directly interacting with fiat currencies. It provides liquidity and allows for easy conversion between Bitcoin and a dollar-equivalent asset.

Trading the BTC/USDT pair involves speculating on the price movements of Bitcoin relative to Tether. Traders use various strategies, technical analysis tools, and fundamental analysis to make informed decisions about when to buy or sell Bitcoin. The price of BTC/USDT fluctuates based on market demand and supply, influenced by factors like news events, adoption rates, and macroeconomic trends.

As of today, May 8, 2025, the price of BTC/USDT is around $98,000. Over the past 24 hours, it has seen a slight increase. Looking back further, the pair has shown significant growth over the past year. The all-time high for BTC/USDT was around $109,500 in January 2025, while the all-time low was around $3,150 in December 2018.

The BTC/USDT pair is actively traded on numerous cryptocurrency exchanges globally, offering high liquidity and tight spreads, which are beneficial for traders.