Bitcoin Cash Price Surges 40% In Anticipation of Upcoming Halving Event, Hitting 15-Month High

Bitcoin Cash (BCH) price recently hit $697, its highest since November 2021, ahead of its upcoming halving event on April 3rd.

BCH has rallied over 40% in the past month due to anticipation of the halving reducing supply inflation and increasing scarcity.

BCH returned to the spotlight recently following crypto pioneer Roger Ver's new book, reigniting BTC vs BCH debates.

BCH has more than doubled in price since early 2023, massively outperforming the overall crypto market downtrend.

Technical indicators show strong bullish momentum for BCH currently, although a minor price correction may be likely after its rapid surge.