RATE Group | Bitcoin Cash Solid Fundamentals Could Act as Catalyst in Next Bull Market
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Bitcoin Cash Solid Fundamentals Could Act as Catalyst in Next Bull Market

25 Jul Bitcoin Cash Solid Fundamentals Could Act as Catalyst in Next Bull Market

Posted at 06:26h in Bitcoin News by

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Many people have suddenly flipped bearish on Bitcoin Cash (BCH) as the bitcoin fork plunged to as low as $255.10 on July 15. That’s a drop of over 50 percent from this year’s high of $517.12 which was posted on June 22.

Nevertheless, the cryptocurrency is still up by almost 95 percent year-to-date even after a 50 percent devaluation. This says a lot about the strength of Bitcoin Cash. We looked under the hood to investigate the source of this bullishness. It was surprising to discover that the cryptocurrency has made numerous innovations and improvements over the last few months.

We believe that these developments could catalyze the cryptocurrency’s next leg up.

Bitcoin Cash Now Offers Enhanced Privacy Features

Bitcoin Cash holders can now use CashShuffle. The mixing software is currently being integrated into many Bitcoin Cash wallets. For now, it is available on the Electron Cash Wallet.

Cash Shuffle allows users to obscure their transactions and makes it difficult for prying…

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