ETH/BTC is rising—does that mean ETH’s price in USD has also gone up?
Definition: Take BTC/USDT as an example: BTC is the asset being traded, while USDT is the asset used to quote prices and make payments.
The logic behind it: Before judging whether something is up or down, first understand what it’s priced in. At the same time, a coin can rise against USDT while falling against BTC.
Market snapshot: $BTC Current price: 82886.01, 24h: +0.24%.
Verify information from multiple sources before acting; don’t rely on just one opinion.
Personal notes only—not a recommendation to buy or sell.
Definition: Take BTC/USDT as an example: BTC is the asset being traded, while USDT is the asset used to quote prices and make payments.
The logic behind it: Before judging whether something is up or down, first understand what it’s priced in. At the same time, a coin can rise against USDT while falling against BTC.
Market snapshot: $BTC Current price: 82886.01, 24h: +0.24%.
Verify information from multiple sources before acting; don’t rely on just one opinion.
Personal notes only—not a recommendation to buy or sell.