$BTC
A BTC pair refers to a trading pair on cryptocurrency exchanges where Bitcoin (BTC) is used as the base currency to trade against other cryptocurrencies. For example, in the ETH/BTC pair, traders exchange Ethereum (ETH) for Bitcoin and vice versa. BTC pairs are crucial because Bitcoin is often the most liquid and widely accepted cryptocurrency, serving as a benchmark in the crypto market. These pairs allow users to measure an altcoin’s value relative to Bitcoin rather than fiat currency. Monitoring BTC pairs helps traders assess market trends, manage risk, and identify opportunities in the volatile crypto environment.
