Bitcoin Cash (BCH) has surged more than 37% over the past seven days ahead of the upcoming halving event.
BCH, a Bitcoin hard fork that spun off from BTC in 2017, is trading at $573.39, up from $418.46 a week ago.
Bitcoin Cash’s halving date is currently scheduled for April 3, according to hashrate marketplace NiceHash. BCH’s halving occurs every four years at 210,000 block intervals, and on April 3, Bitcoin Cash’s current block reward of 6.25 BCH will be slashed to 3.125 BCH.
The 15th largest cryptocurrency asset by market capitalization also rose more than 6% in the last 24 hours.
Bitcoin’s own halving is currently expected to take place on April 19th.
An anonymous cryptocurrency analyst known as Rekt Capital. says 438,600 followers on social media platform
DOGE, the top memecoin by market capitalization, is trading at $0.219 at the time of this writing. The ninth-largest cryptocurrency asset is up nearly 17% in the last 24 hours and nearly 44% in the past week.
LTC, a peer-to-peer payment network, is trading at $94.31 at the time of this writing. The 23rd-largest cryptocurrency asset by market capitalization is up nearly 9% over the past seven days.
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