The coin pair $BTC, commonly referred to as the Bitcoin trading pair, represents Bitcoin traded against another asset, typically a fiat currency like USD ($BTC/USD) or another cryptocurrency like ETH ($BTC/ETH). Bitcoin (BTC), the first and most widely recognized cryptocurrency, serves as a benchmark in the crypto market. Traders use $BTC pairs to speculate on Bitcoin’s price movement relative to the other asset. Price fluctuations are influenced by market sentiment, macroeconomic trends, regulatory news, and technological developments. $BTC pairs are essential in crypto trading, offering high liquidity and acting as a reference point for other altcoins.
