Bitcoin Cash (BCH-USD) price predictions are worth checking on Thursday as the fork of Bitcoin (BTC-USD) has been performing well recently.
One of the biggest factors that has crypto traders taking note of Bitcoin Cash lately is its upcoming halving event. That’s set to take place on April 4. This is worth noting as the price of BCH typically rises alongside these events.
A havling occurs when the reward for mining a block is cut in half. In the case of BCH, this reward will drop from 6.25 tokens to 3.125 tokens per block mined.
With all of this upcoming excitement, it makes sense that crypto traders would want to know more about the potential of Bitcoin Cash. Let’s get into that with the latest price predictions below!
Bitcoin Cash Price Predictions
- Changelly is estimating that the average price of BCH will be $250.60 at the end of the year.
- CoinPedia’s latest price prediction for the crypto is $600 by the end of the week.
- Crypto.News argues that the price of BCH could drop back down below $400 per token ahead of its havling event.
How do these Bitcoin Cash price predictions stack up? The current price of BCH is $574.52 per token with the crypto up 13.4% over the prior 24-hour period.
Investors looking for more of the most recent crypto stories are in the right place!
We have all of the hottest market news that traders need to know about on Thursday! A few examples include a bold BTC prediction as well as other cryptos traders will want to keep an eye on. All of that info is ready to go at the links below!
More Crypto Market News for Thursday
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.