Bitcoin Cash Surges After Halving Event
Bitcoin Cash's Price Peaks to 2021 High
Bitcoin Cash (BCH) has seen a surge in price following its recent halving event. The cryptocurrency, which is a fork of Bitcoin, reached its highest price point since April 2021. The halving, which occurred at block height 840000, further slashed miner rewards to 3125 coins per block.
BCH Surges Over 10%
Following the halving event, BCH surged over 10%. The cryptocurrency reached a high of $574.84 on April 3, 2024. This is the highest price point that BCH has reached since April 2021. The surge in price is likely due to a number of factors, including the halving event and increased interest in cryptocurrencies.
Bitcoin Cash Currently Trading at $574.84
As of April 3, 2024, BCH is currently trading at $574.84. The cryptocurrency has jumped 9.06% over the past 24 hours. BCH's market capitalization is currently $10.7 billion, making it the 11th largest cryptocurrency by market cap.
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