1H
-0.28%$0.6643
24H
1.05%$2.46
7D
-1.50%$3.60
30D
13.6%$28.29
Bitcoin Cash leads the crypto market with a 24% surge, driven by trader rotation from Zcash and anticipation of Grayscale’s spot ETF approval.
Cash App will enable USD payments over Bitcoin’s Lightning Network and stablecoin transactions, alongside AI assistant Moneybot and expanded Borrow access.
Bitcoin Cash (BCH) has turned bullish after the Federal Reserve’s latest rate decision, gaining almost 6% in the past 24 hours to trade at $637.71.
Bitcoin Cash (BCH) outperformed major cryptocurrencies this week, posting double-digit gains as Bitcoin’s price consolidation and active profit-taking among Ethereum and Chainlink investors triggered mixed market reactions.
Bitcoin Cash price action lagged behind the market on Sunday as whale retreat, and rapid profit-taking cast shadows on BCH short-term prospects.
Bitcoin Cash (BCH) is peer-to-peer digital money for the Internet. It sprang out on August 1, 2017, when bitcoin network was officially forked into two separate blockchains creating two cryptocurrencies – Bitcoin and Bitcoin Cash (BCH) respectively.
The main reason for the fork to take place was scalability problem – the original Bitcoin code had a maximum limit of 1MB of data per block, or about 3 transactions per second. Although it was technically simple to raise this limit, crypto enthusiasts failed to reach any consensus, even after years of robust debates.
A new cryptocurrency is thought to be backed by a version of the blockchain that boasts a unique technical roadmap. In particular it means adjustable blocksize limit with an increased default of 8MB, replay protection and protection against hashrate fluctuations, improved hardware wallet security, and upgraded consensus rules.
Requiring no third parties in order to operate, Bitcoin Cash is fully decentralized and resistant to any political or social effects on protocol development.
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