A coin pair involving $BTC, such as BTC/USDT or BTC/ETH, represents a trading pair in cryptocurrency markets where Bitcoin ($BTC) is traded against another asset. The first currency in the pair ($BTC) is the base currency, and the second (e.g., USDT or ETH) is the quote currency. The pair indicates how much of the quote currency is needed to purchase one unit of Bitcoin. Coin pairs like $BTC are widely used in crypto trading, offering liquidity and price discovery. They serve as a benchmark for market trends, with $BTC often considered the primary asset in the cryptocurrency ecosystem.
