Bitcoin Cash (BCH) has soared over 37% in the past seven days ahead of the upcoming halving event.
BCH, the hard fork of Bitcoin that spun off from BTC in 2017, is trading at $573.39, up from $418.46 a week ago.
According to hashrate market NiceHash, the Bitcoin Cash halving is currently scheduled for April 3rd. BCH halving occurs every four years at 210,000 block intervals, and on April 3rd, Bitcoin Cash's current block reward of 6.25 BCH will be reduced to 3.125 BCH.
The crypto asset, which ranks 15th in terms of market capitalization, also gained more than 6% in the past 24 hours.
The halving of Bitcoin itself is currently predicted to occur on April 19th.
Pseudonymous crypto analyst known as Rekt Capital To tell His 438,600 followers on social media platform Says.
DOGE, the top meme coin by market cap, is trading at $0.219 at the time of writing. The No. 9 crypto asset is up nearly 17% in the past 24 hours and nearly 44% in the past week.
LTC, a peer-to-peer payments network, is trading at $94.31 at the time of writing. The 23rd largest cryptocurrency by market capitalization has gained nearly 9% over the past seven days.
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