$BTC Bitcoin (BTC) is one of the most significant and widely used digital assets in the cryptocurrency world, holding a central position in the market. Its impact on the broader crypto ecosystem is immense, as it often influences the prices of other cryptocurrencies. When Bitcoin experiences a price surge, many altcoins also tend to see increases in value. However, when Bitcoin faces a decline, other cryptocurrencies generally suffer similar losses. This correlation makes Bitcoin a crucial indicator of market sentiment, and its price movements are closely watched by traders and investors to guide their strategies. In essence, BTC is not only a leading cryptocurrency but also a barometer for the health of the entire market.

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