🚨🚨🚨Breaking News: Bitcoin Cash halving completed: How was the price?
#Halving on Bitcoin Cash has been completed. Block rewards fell by half, while the Bitcoin Cash price also increased after halving.
While halving days are counted in Bitcoin, Bitcoin Cash has left this process behind.
the second halving of Bitcoin Cash, which was created by forking from Bitcoin in 2017, has been completed. The second of the halving, which occurs every four years, took place at 04:45 at night UTC time. Block rewards have decreased from 6.25 BCH to 3.125 BCH.
Fell before halving, rose after halving
Immediately before the halving, the post-halving rise was dominated by #BCH which fell to the levels of $ 560. In the first hours, the price increased by 14 percent, approaching $ 640.
On the other hand, the pullback in the hash rate, which refers to the total computing power of the hardware used for mining, attracted attention. The hash rate, which was at the strength of 10 exahash on April 1 and 7 exahash yesterday, fell to 3 exahash levels after halving. The Bitcoin Cash hash rate was also at the 3 exahash level in mid-March.
It's time for halving in Bitcoin
Now it's time for Bitcoin halving. The number one cryptocurrency will perform the fourth block reward halving on April 19, an estimated 15 days later. He likened this halving in Bitcoin to the first halving in terms of price movement.
