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{"id":23264,"date":"2024-04-04T09:49:40","date_gmt":"2024-04-04T09:49:40","guid":{"rendered":"https:\/\/lunu.io\/news\/?p=23264"},"modified":"2024-04-04T09:49:44","modified_gmt":"2024-04-04T09:49:44","slug":"ride-the-wave-bitcoin-cash-surges-10-after-halving-dont-miss-out","status":"publish","type":"post","link":"https:\/\/lunu.io\/news\/ride-the-wave-bitcoin-cash-surges-10-after-halving-dont-miss-out\/","title":{"rendered":"Ride the Wave: Bitcoin Cash Surges 10% After Halving – Don’t Miss Out!"},"content":{"rendered":"\n
The Ripple Effect of Bitcoin Cash’s Halving<\/h2>\n\n\n\n
In a significant move within the crypto market, Bitcoin Cash (BCH) has witnessed an impressive surge, climbing 10% following its much-anticipated second halving event. This notable rally starkly contrasts the performance of Bitcoin (BTC), which has shown signs of sluggishness, hovering around the $66,000 mark despite minor fluctuations. The broader altcoin landscape, however, presents a less rosy picture, with most altcoins, including prominent names like Solana (SOL), Dogecoin (DOGE), and Polkadot (DOT), recording losses.<\/p>\n\n\n\n
Market Dynamics: A Closer Look<\/h2>\n\n\n\n
Bitcoin\u2019s inability to breach the $72,000 resistance level over the weekend set the stage for a less favorable market sentiment around the leading cryptocurrency. The commencement of the business week saw BTC’s value dip below $66,500, exacerbated by a further decline to a 10-day low of $64,400. Despite a brief resurgence pushing its price to $67,000, Bitcoin faced resistance, culminating in a stabilization slightly above $66,000. This stagnation leaves its market capitalization hovering around $1.3 trillion, with a dominance index of 49.6%, as per CoinGecko data.<\/p>\n\n\n\n