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Bitcoin Fork Halving in Altcoin: Price Rises! - Coin Newsletter
Bitcoin Cash (BCH) has seen notable fluctuations in price as the halving is complete.
The highly anticipated Bitcoin Cash halving was successfully completed on Thursday, April 4 at 01:45 CET. Bitcoin Cash, which was formed as a result of the fork of Bitcoin (BTC) in 2017, has achieved its second halving.
With the halving, the amount of rewards given to miners per block decreased from 6.25 BCH to 3,125 BCH. Prior to the Bitcoin Cash halving, the price declined to $560. After the successful completion of the halving, the price rose**.
Up about 13% from its pre-halving low, BCH reached $638. According to on-chain data, Bitcoin's halving is expected to take place on Friday, April 19.