BCHUSD (Bitcoin Cash vs US Dollar). Exchange rate and online charts.
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13 Feb 2025 07:08
(0.03%)
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Bitcoin Cash
Bitcoin Cash is a new version of Bitcoin, that is, its split or hard fork. A hard fork is a new blockchain created from the existing one. Thus, Bitcoin Cash is Bitcoin’s blockchain.
Bitcoin Cash is both the payment system and the form of payment. Initially, its symbol was BCC. Later, some exchanges and exchange services began using ВСН to avoid confusion with the tokens of the Bitcoin network.
History
When Bitcoin gained in popularity, the network load increased significantly. The confirmation of transactions was delayed and the processing time slowed down. Bitcoin developers had to initiate a fork of the Bitcoin blockchain to increase the block size. Since a blockchain cannot be changed or erased, both forks started to exist independently. The second network was dubbed Bitcoin Cash. The new blockchain was made up of 8MB blocks.
Pros of Bitcoin Cash:
– small commission
– speedy transactions
– safety
– convenience for miners and investors
Bitcoin Cash vs Bitcoin:
- Small commission for transaction. Users who want to save on transactions use Bitcoin Cash.
- Instant transaction confirmation. Bitcoin Cash’s transaction throughput per second is higher than Bitcoin’s.
- Scalability. The size of Bitcoin block is 1MB, while Bitcoin cash blocks are 8MB in size. The Bitcoin block contains 2,500 transactions, whereas for the first BCH blocks, this figure reached 7,000.
Bitcoin Cash price dynamics shows that this digital currency is constantly developing. Its every drop in value is followed by growth, which is beneficial for both investors and those making a transaction.
Cryptocurrency market experts believe that, despite all the difficulties, Bitcoin still has a lot of potential. That is why the hard fork will not be able to outperform its "big brother" in the near future. At the same time, there is a growing demand for the digital coin among miners and investors.
See Also
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- Bearish traders resume their offensive
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Technical analysis / Video analyticsForex forecast 12/02/2025: EUR/USD, GBP/USD, USDX, Gold, Oil and Bitcoin
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12:07 2025-02-12 UTC+2
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- Bearish traders lack sufficient strength
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11:53 2025-02-12 UTC+2
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- Technical analysis
Trading Signals for GOLD (XAU/USD) for February 12-15, 2025: sell below $2,880- 2,907 (21 SMA - correction)
If the bearish trend prevails in the next few hours, we expect gold to reach the bottom of the bullish trend channel around 2,857. This level could offer good support and from that point, we could expect a technical bounce to occur.Author: Dimitrios Zappas
15:46 2025-02-12 UTC+2
1273
- Technical analysis
Trading Signals for EUR/USD for February 12-15, 2025: sell below 1.0384 - 1.0410 (21 SMA - 5/8 Murray)
EUR/USD continues its recovery from the key support at 1.0300. However, the technical outlook remains bearish as it is located within the trend channel, so we expect the bearish cycle to resume in the coming hours.Author: Dimitrios Zappas
15:48 2025-02-12 UTC+2
1108
- While Bitcoin and Ethereum are contemplating their next moves, U.S. lawmakers remain divided on the regulation of stablecoins and cryptocurrencies
Author: Jakub Novak
15:35 2025-02-12 UTC+2
1063
- Bearish traders resume their offensive
Author: Samir Klishi
11:43 2025-02-12 UTC+2
1048
- Futures on U.S. stock indices are trading within a narrow range as traders eagerly await the release of key U.S. inflation data
Author: Jakub Novak
15:30 2025-02-12 UTC+2
1018
- Technical analysis / Video analytics
Forex forecast 12/02/2025: EUR/USD, GBP/USD, USDX, Gold, Oil and Bitcoin
Technical analysis of EUR/USD, GBP/USD, USDX, Gold, Oil and Bitcoin.Author: Sebastian Seliga
12:07 2025-02-12 UTC+2
988
- Bearish traders lack sufficient strength
Author: Samir Klishi
11:31 2025-02-12 UTC+2
973
- The price test at 1.0367 in the first half of the day coincided with a moment when the MACD indicator had already moved significantly above the zero mark
Author: Jakub Novak
15:18 2025-02-12 UTC+2
958
- EUR/JPY extends its strong weekly uptrend for the third consecutive day
Author: Irina Yanina
11:53 2025-02-12 UTC+2
943