Bitcoin Cash witnessed a significant surge, jumping over 10% in value after the completion of its blockchain’s halving process. The digital currency has been steadily climbing since the beginning of the year, with a notable 23% increase over the past week and an impressive 43% surge in the last month, as reported by CryptoSlate.
At the time of reporting, BCH was trading at $673, marking its highest level since May 2021. Market analysts attribute this surge to various factors, including the recent halving event and the prevailing bullish market sentiment.
Bitcoin Cash Halving
Bitcoin Cash, a proof-of-work blockchain network that forked from Bitcoin…
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