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Bitcoin Cash Soars to $618 as August Halving Looms—Here’s Why Traders Are Buzzing
Bitcoin Cash Soars to $618 as August Halving Looms—Here’s Why Traders Are Buzzing
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Bitcoin Cash bulls are charging as the asset surges to $618—just days before its supply-cutting halving event. Is this the calm before the storm, or another case of 'buy the rumor, sell the news'?
The halving hype machine
Markets love a scarcity narrative, and BCH is serving it up hot. With miner rewards set to drop by 50%, traders are front-running what they hope will be a supply squeeze. Never mind that past halvings have been followed by both moonshots and faceplants.
Wall Street's favorite game—guessing which crypto will moon next—just got a fresh contender. Meanwhile, Bitcoin maximalists are rolling their eyes so hard you can hear it through the blockchain.
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