The BTCUSD pair, which shows the value of Bitcoin in relation to the US Dollar, is one of the most actively traded pairs in the cryptocurrency market. It plays a central role in determining Bitcoin's price and can be a key indicator of overall market sentiment. Traders often track the BTCUSD pair to identify trends, potential breakouts, or reversals, using it as a measure of Bitcoin's strength relative to fiat currencies. As the price of Bitcoin fluctuates against the US Dollar, it can have a ripple effect on other cryptocurrencies, making BTCUSD a critical reference for understanding the broader digital asset market.