BTCUSD definition

BTCUSD is the market symbol for Bitcoin (BTC) priced in US dollars, where BTC is the first and largest cryptocurrency and USD is the US dollar. The quote shows how many US dollars it takes to buy one bitcoin.

You trade BTCUSD as a crypto CFD, taking a position on the price movement without owning any bitcoin or running a wallet. Go long if you expect the price to rise, or short if you expect it to fall. The pair is quoted in US dollars, trades around the clock, and is highly volatile, so the dollar value of a position can swing sharply within a single session.

Bitcoin's price responds to adoption by institutions and payment networks, regulation and policy shifts, exchange-traded fund flows, and broad risk sentiment. As the original cryptocurrency, BTCUSD often sets the tone for the wider market, and many smaller coins, known as altcoins, tend to move with it rather than against it.