$BTC Bitcoin (BTC) is a decentralized digital currency that operates on a peer-to-peer network, enabling secure and transparent transactions without the need for intermediaries like banks. As the first cryptocurrency, Bitcoin has become a benchmark in the crypto market, often paired with other cryptocurrencies (altcoins) or fiat currencies like the US dollar (BTC/USD). These pairs allow traders to speculate on Bitcoin's price movements relative to another asset. Bitcoin's value is influenced by factors such as market demand, regulatory developments, macroeconomic trends, and technological advancements. Its limited supply of 21 million coins contributes to its scarcity and appeal as a store of value. Trading BTC pairs requires understanding market volatility, technical analysis, and risk management strategies to navigate the dynamic crypto landscape effectively.