BTC Pairs: Understanding Bitcoin Trading Pairs
BTC pairs refer to cryptocurrency trading pairs where Bitcoin (BTC) is the base currency. Commonly seen on exchanges like Binance and Coinbase, BTC pairs allow users to trade altcoins directly against Bitcoin, such as ETH/BTC, ADA/BTC, or SOL/BTC. These pairs are essential for tracking an altcoin’s performance relative to Bitcoin rather than fiat currencies. Traders use BTC pairs to diversify portfolios, identify strong altcoins, and capitalize on BTC dominance shifts. Monitoring BTC pairs helps assess market sentiment and altcoin strength. For advanced trading strategies, understanding BTC pairs is crucial in navigating the crypto ecosystem effectively.
