Analyzing Bitcoin and fiat trading pairs on centralized exchanges often reveals performance disparities that remain invisible when focusing on global or average prices. It shows how liquidity, geopolitical and economic concerns, and market sentiment affect performance.
Looking at the year-to-date (YTD) performance of dominant fiat pairs, we can see that BTCARS has seen an impressive 98.27% increase. BTCTRY has gained 69.85%, BTCJPY is up 55.01%, BTCEUR has grown by 49.85%, BTCUSD by 45.62%, and BTCGBP by 45.07%.
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