Bitcoin Cash Spikes 10% After Halving, Bitcoin Hovers Above $66K
Summary
Bitcoin Cash (BCH) surged 10% post-halving, reaching $660, 80% below its peak. The halving reduced block rewards to 3.125 BCH, decreasing new coin supply. Bitcoin's upcoming halving is expected on April 20, historically preceding a bull market. BCH futures interest rose to $700M. Overall, crypto markets remained stable, with Bitcoin at $66,300 and some altcoins up while others down. Analysts anticipate a lull due to macroeconomic factors but see it as consolidation within the bull market, not a long-term reversal.
