Let’s talk about trading pairs and quote currencies:
The same coin may be quoted at slightly different prices in different quote currencies. When the price gap widens, arbitrageurs step in to bring prices back in line.
For trading pairs quoted in stablecoins, the price is roughly equivalent to the USD price, so they’re most commonly used to measure a coin’s value.
$BTC 83053.45(+0.46%)
#BTC
For personal reference only; this is not a specific trading recommendation.
The same coin may be quoted at slightly different prices in different quote currencies. When the price gap widens, arbitrageurs step in to bring prices back in line.
For trading pairs quoted in stablecoins, the price is roughly equivalent to the USD price, so they’re most commonly used to measure a coin’s value.
$BTC 83053.45(+0.46%)
#BTC
For personal reference only; this is not a specific trading recommendation.