While Bitcoin Cash (BCH) halving was completed, significant fluctuations in price were observed.
The eagerly anticipated Bitcoin Cash halving was successfully completed on April 4th, Thursday at 01:45 AM GMT. Bitcoin Cash, which was formed as a result of Bitcoin’s (BTC) fork in 2017, experienced its second halving.
With the halving, the reward amount given to miners per block decreased from 6.25 BCH to 3.125 BCH. Prior to the Bitcoin Cash halving, there was a decrease in price to $560. After the successful completion of the halving, the price experienced a surge.
Rising approximately 13% from the pre-halving bottom level, BCH reached $638. According to on-chain data, the Bitcoin halving is expected to take place on April 19th, Friday.
