Fluctuations in BCH Price Leading up to Halving

Leading up to the BCH halving, there were notable fluctuations in its price. Could these movements indicate what to expect with the BTC halving?recently halved on the 4th of April at a block height of 840,000. This latest halving event decreased the mining reward from 6.25 BCH to 3.125 BCH per block.

However, in the days leading up to the halving event, it experienced consecutive declines. There was an over 9% decline just hours before the halving occurred.Examining its daily timeframe trend, Bitcoin Cash closed at around $593 on the 3rd of April. However, as of this writing, its price had risen to over $666, marking a remarkable increase of over 12%.

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