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Bitcoin Cash Halving Results in Miner Exodus and Profitability Decline

Source Node: https://cointelegraph.com/news/bitcoin-cash-halving-results-in-miner-exodus-and-profitability-decline

Time Stamp: April 9, 2020 2:17 PM - Modified On: May 21, 2021 - Published By:

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The quadrennial block reward halving for Bitcoin Cash (BCH) has come and gone, with miner rewards dropping from 12.5 BCH to 6.25 BCH. The event marked a pivotal moment for the fifth-ranked cryptocurrency by market capitalization, as it was its first 50% block reward reduction since emerging as a hard fork of Bitcoin (BTC) back in 2017.The Bitcoin Cash chain experienced another split that led to the creation of Bitcoin Satoshi Vision (BSV) in late 2018. The chain of events leading to the BCH blockchain split caused a cascade of

Bitcoin Price Prediction: BTC/USD Bears Run out as Bulls Set Target at $7,200

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-bears-run-out-as-bulls-set-target-at-7200/256279

Time Stamp: April 2, 2020 3:24 PM - Modified On: August 29, 2021 - Published By:

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Republished By Plato

Bitcoin (BTC) Price Prediction – April 2The Bitcoin bulls keep on pushing towards the north as the coin has not lost sight of $7,500 despite the rejection of $7,258.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,000, $8,200, $8,400Support Levels: $5,700, $5,500, $5,300BTCUSD – Daily ChartOver the past hour, BTC/USD has continued to rip higher, adding to the 6.76% in gains registered today. The coin is successfully trading above the 9-day and 21-day moving averages. As of the time of writing this article, the cryptocurrency trades for $7,116, the highest

116

Bitcoin Cash Halving Results in Miner Exodus and Profitability Decline

Bitcoin Price Prediction: BTC/USD Bears Run out as Bulls Set Target at $7,200

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