Bitcoin Cash (BCH) Climbs Higher After Halving Event

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Bitcoin cash

One of the most crucial events in the lifetime of most cryptocurrencies is its halving event. Bitcoin Cash (BCH) had its much-anticipated halving on Wednesday. BCH had its first block reward halving yesterday, and the event resulted in a rally in the cryptocurrency. After the halving, BCH soared by 15% over the past 24 hours, and it will likely be in focus over the course of the coming days.

Is Halving a Bullish Sign?

A halving measure generally involves providing miners with half the rewards they used to get for mining one block. In theory, it …

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