Bitcoin ($BTC) is the most popular and widely recognized cryptocurrency in the world. It's often used as a store of value and a medium of exchange, especially as more people and businesses accept it. The $BTC pair refers to the trading relationship between Bitcoin and another asset, often paired with other cryptocurrencies or fiat currencies like the US dollar. For example, when you see $BTC/ETH, it means Bitcoin is being traded against Ethereum.

Bitcoin’s price can be volatile, so trading it requires careful analysis. People buy and sell Bitcoin to make a profit based on market trends. As Bitcoin becomes more integrated into the global financial system, its value is increasingly influenced by various factors, such as regulation, technology, and adoption. For those who invest or trade in crypto, understanding the $BTC pair is key to navigating the markets.