BTCUSD (BITCOIN VS DOLLAR)

Fast Facts

BTC/USD represents the exchange rate between Bitcoin (BTC) and the US Dollar (USD), one of the most widely traded cryptocurrency pairs.
Bitcoin, the world’s first decentralized cryptocurrency, often sees significant price volatility against the US dollar.
The BTC/USD pair is highly influenced by factors such as global crypto adoption, regulatory changes, and market sentiment.
BTC/USD serves as a key indicator for the broader cryptocurrency market, impacting altcoins and investor behavior.
As of now, Bitcoin’s price is often seen as a hedge against inflation, with many considering it “digital gold” in uncertain economic times.