$BTC
The BTC/USDT pair represents Bitcoin (BTC) traded against Tether (USDT), a stablecoin pegged to the US dollar. It is one of the most popular cryptocurrency pairs, offering liquidity and stability due to USDT’s 1:1 USD backing. Traders use this pair to hedge against market volatility, as USDT provides a stable value compared to BTC’s price fluctuations. Major exchanges like Binance and Coinbase support BTC/USDT trading, facilitating high-volume transactions. The pair is favored for both spot and derivatives trading, serving as a benchmark for crypto market trends. Its dominance reflects BTC’s leading role and USDT’s reliability in crypto trading.