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$QI has got momentum and took a breakout from 0.0125$ resistance with a huge volume. The next stop for this one will be 0.0248$ in a shorter timeframe. Expecting Bitcoin to stay favorable during this period. We saw 510% gains in the previous rally. $QI
The post Top Altcoins to Buy in July for 10x Profits appeared first on Coinpedia Fintech News With a bullish failure to sustain the recovery rally in May, the crypto market tumbled in June. As Bitcoin drops almost 10% this month, the top altcoins are struggling to perform under the bearish influence of the biggest crypto per market cap. However, buyers anticipate a broader market recovery in July because of the underground bull run in the low-cap altcoins, especially meme coins. Amidst such a h
Bitcoin Cash (BCH) is a fully open-source decentralized platform allowing users to make international financial transactions without wasting time standing in queues or filling out tedious bank forms. Due to some differences concerning scalability and the proposed Bitcoin (BTC) SegWit upgrade of 2017, some holders voted for a hard fork away from the parent community, and Bitcoin Cash (BCH) was founded. Hence, Bitcoin Cash (BCH) launched using Bitcoin’s (BTC) source code and inherited its robust security. Like Bitcoin (BTC), Bitcoin Cash (BCH) operates a Proof-of-Work consensus mechanism where miners solve complex puzzles to validate new blocks of transactions. However, unlike Bitcoin (BTC), which has a block size of 1MB, Bitcoin Cash (BCH) operates with a 32MB block size, allowing more transactions to be included in a validated block. This upgrade ensures that more transactions are processed per second, increasing the network’s output while maintaining low user fees. Thus, Bitcoin Cash (BCH) satisfies the global demand for a functional payment system resistant to governmental censorship and regulation. Cointelegraph reports increased activity on the Bitcoin Cash (BCH) blockchain after its recent halving event. During the BCH halving, the reward given to miners for successfully validating a block of transactions decreased from 6.25 BCH to 3.125 BCH. Correspondingly, the BCH token’s price has fallen in the past few months, from $600 in March to a current value of $376.13. It has created massive speculation about the token’s future. AMBCrypto analysts forecast positive price movement, with Bitcoin Cash (BCH) possibly breaking past the $600 mark by Q4 2024. However, this optimistic price prediction is still far from BCH’s all-time high of $4,355.62. Thus, the next bull run may only favor new BCH token holders or investors comfortable with less risky investments.#bitcoin☀️ #BCH #memecoin🚀🚀🚀 #ETH $BCH $SOL $BNB
$BCH If investors continue to back Bitcoin Cash (BCH), its price might rise in the next trading sessions.
There are a number of on-chain indications that point to a potential price recovery for BCH. Metrics pertaining to the accumulation and hoarding of assets in particular show this.
It looks like we're seeing some unusual activity in the crypto market. 👈Large holders, known as "whales," might be playing games again. Here's what could be happening: 🙄🚨 $BTC $ETH $BNB