The BTC trading pair $BTC is a cryptocurrency trading combination based on Bitcoin (BTC) as the base currency, commonly seen as BTC/USDT, BTC/ETH, etc., reflecting its exchange price with other assets. On June 13, 2025, due to the escalating situation in the Middle East, BTC's price plummeted over 4% in a single day, falling below $103,000, triggering over 240,000 liquidation events with losses reaching $1.159 billion. As the first decentralized digital currency, BTC has a fixed total supply of 21 million coins, possesses anti-inflation characteristics, but its price is highly volatile and susceptible to geopolitical conflicts, policy regulations, and market sentiment shocks. Current trading pairs need to pay attention to liquidity risks and technical support levels (such as $102,500), with short-term fluctuations expected to continue.