Which one is the quote currency in BTC/USDT?
A pair like ETH/BTC is priced in BTC, so it shows ETH’s strength relative to BTC. That’s different from ETH’s price in USD.
Before comparing gains and losses, check what the price is denominated in: over the same period, a coin can rise against USDT but fall against BTC.
The coin mentioned in the topic: $BTC is trading at 83024 (24h +0.44%).
Understand the rules before you act, and don’t make decisions based on gut feeling.
This is not financial advice. Make your own decisions.
A pair like ETH/BTC is priced in BTC, so it shows ETH’s strength relative to BTC. That’s different from ETH’s price in USD.
Before comparing gains and losses, check what the price is denominated in: over the same period, a coin can rise against USDT but fall against BTC.
The coin mentioned in the topic: $BTC is trading at 83024 (24h +0.44%).
Understand the rules before you act, and don’t make decisions based on gut feeling.
This is not financial advice. Make your own decisions.