Cryptocurrency Q&A
What is the BTCUSD index?
What is the BTCUSD index?
CryptoVanguard
Mon Dec 02 2024
|
6
answers
1156
The BTCUSD index is a metric that tracks the performance of Bitcoin (BTC) against the US dollar (USD). It provides insights into the value of Bitcoin in relation to the USD, reflecting market sentiment and demand for the cryptocurrency. The index is useful for investors, traders, and analysts to monitor the strength or weakness of Bitcoin in the global market.
