$BTC
The currency pair $BTC refers to Bitcoin (BTC) against another currency, most often the US dollar (USD).
The most popular pairs related to $BTC:
BTC/USD: Bitcoin against the US dollar.
BTC/USDT: Bitcoin against Tether (a stablecoin pegged to the US dollar).
BTC/EUR: Bitcoin against the euro.
BTC/ETH: Bitcoin against Ethereum.
How is it used?
When trading, the BTC/USD price is expressed, for example, as the number of dollars needed to buy 1 Bitcoin.
In the context of cryptocurrencies, the term is used to understand the value of Bitcoin compared to other assets or currencies.
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