03 May Bitcoin Cash – The Bull Run Resumes
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Bitcoin Cash has continued to defy the odds, with the market readiness for Bitcoin Cash’s hard fork on the 15thMay that pushed Bitcoin Cash into a bullish trend. BCH started its bullish trend at 6th April’s low $600.1 and, trailblazed its way through April to its current price at $1486.
Market sentiment towards Bitcoin has seen a decline since the beginning of the year, as concerns continue to linger over its adaptability in the real world, transaction speeds and fees making it a cumbersome alternative to fiat money. Last year, disagreements between Bitcoin core developers and community over the speed at which to increase its block size ultimately led to the Bitcoin hard fork and, while Bitcoin continues to struggle with its existing block size, the Bitcoin Cash community is at it again, not only looking to ramp up the block size from 8MB to 32MB, but to also introduce a number of other enhancements, including the reactivation of the blockchain’s smart contract feature…
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