$USDC

The USDC/BTC trading pair (or sometimes erroneously written as "USDC/BIT") is a trading pair between:

USDC: which is a stablecoin pegged to the US dollar.

BTC: which is Bitcoin.

This pair expresses the price of Bitcoin quoted in USDC.

Meaning: how many units of USDC are needed to purchase 1 Bitcoin.

Examples:

If the price of the USDC/BTC pair = 70,000, this means that 1 BTC = 70,000 USDC.

Conversely: if you want to buy 1 USDC using BTC, you will need a small amount of Bitcoin equivalent to its value in dollars.

🔍 Future Outlook

As the supply and demand for USDC continue to increase, the BTC/USDC pair is expected to maintain the interest of traders and investors. It is important to monitor regulatory and economic developments that may impact market stability.

If you want to learn more about how to trade using this pair or technical analysis strategies.