Currency pairs are the primary tool in the foreign exchange market and are used to measure the value of one currency against another. A pair consists of a base currency and a quote currency, such as EUR/USD, where the euro represents the value against the US dollar. Pairs are traded in three main categories: major pairs like USD/JPY, minor pairs like EUR/GBP, and exotic pairs like USD/TRY. Traders rely on market analysis to determine price trends, whether through technical or fundamental analysis. The movement of pairs varies based on supply and demand, economic news, and monetary policies. Understanding currency pairs is essential for making profits and reducing risks in the volatile and fast-paced foreign exchange market #EUR #USD
Bitcoin (BTC) is a cryptocurrency created in 2009 by an individual or group using the pseudonym "Satoshi Nakamoto". It operates without a central authority like banks or governments and relies on blockchain technology to secure transactions. Bitcoin is mined through a process known as mining, which requires significant computational power. Bitcoin is used for purchasing, transferring, and investing, and has experienced sharp price fluctuations over the years. Some consider it "digital gold" and a means of hedging against inflation. Despite regulatory challenges, Bitcoin continues to attract investors and companies around the world, reinforcing its position in the modern digital economy.#BTC