Bitcoin Cash (BCH) Rises Despite Risks

© Reuters. Bitcoin Cash (BCH) Rises Despite Risks

Bitcoin Cash (BCH) appreciated by more than 10% overnight, rising to $288.20. BCH is now more than 24% ahead in one week, outpacing even the gains of (BTC), which reached 14%.

BCH, along with Bitcoin SV (BSV) and other Bitcoin forks, has inherited the “halving” that is expected to happen in the summer of 2020. This means that for BCH, the last blocks with high rewards may lead to a significant price rally.

But the expectation is that once the halving happens, the hashrate may…

This article appeared first on Cryptovest

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The post Bitcoin Cash (BCH) Rises Despite Risks appeared first on Bit News Live.

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