Bitcoin Cash Price Rebounds 11% After Mining Reward Halving
• Bitcoin Cash price up 11% to $676 after its recent block reward halving event • Halving took place at block 840000 on March 4th, reducing mining reward from 6.25 to 3.125 BCH • Ahead of halving, price dropped to $565 before recovering post-event • Bitcoin Cash forked from Bitcoin blockchain in 2017 to offer faster transactions and lower fees • Bitcoin set to undergo own halving event later this month, with analysts divided on price impact