Bitcoin Cash (BCH), the first hardforked version of the Bitcoin blockchain, has recently been on investors’ radar gaining 17% in the last 24 hours. As of press time, the Bitcoin Cash price is up 15.53% trading at $562 with a market cap of $11.07 billion. Also, the daily trading volume has surged by a staggering 152% currently at $1.76 billion.
Bitcoin Cash (BCH) Price Eyes New Moves
A lot of momentum has been recently building around Bitcoin Cash over the past month, as we approach the network’s halving event next week on April 4. On the monthly chart, the BCH price is already trading up by a staggering 85% helping the altcoin occupy a spot in the top-fifteen altcoin list.
In anticipation of the upcoming halving event on April 4, Bitcoin Cash (BCH) surged by 17%. Presently, the block reward stands at 6.25 BCH, but following the impending halving, it will decrease to 3.125 BCH.
Halving events occur when the mining transaction rewards are halved, diminishing the rate at which new coi
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