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📌 Bitcoin’s largest bitcoin fork is half complete.

Bitcoins largest bitcoin fork, Bitcoin Cash, completed its halving earlier this Thursday, according to data provided by BTC.com. Bitcoin

– Bitcoin’s largest bitcoin fork, Bitcoin Cash, completed its halving earlier this Thursday, according to data provided by BTC.com.

The fork, which was controversially launched in August 2017, was supposed to increase the block size to 32 megabytes and improve payment efficiency.

The Bitcoin Cash fork was initially a success, with its price hitting a high of $3,324 in late December 2017.

However, the excitement around the fork soon died down due to low adoption and infighting.

Bitcoin Cash’s market capitalization is currently ranked 14th and is valued at $12.5 billion.

Despite the significant increase in price, the bitcoin fork is 83% below its current all-time high, which was reached over six years ago. By comparison, bitcoin is currently trading just above $66,000 after peaking at $73,737 on March 14.

Roger Ver, Bitcoin Cash’s most famous proponent, has become almost a household name. However, he hasn’t given up on his cause. He recently co-authored a new book, “Hijacking Bitcoin,” which aims to disrupt the mainstream surrounding cryptocurrencies.

Meanwhile, Bitcoin is expected to halve in just 16 days. Blockchain subsidies have been cut to 3.125 BTC, further adding to the pressure on miners.

According to U.Today, Bitwise CEO Hunter Horsley recently predicted that this would be bitcoin’s most significant halving to date due to the amount of supply that would be cut in dollar terms.

Some analysts are predicting that the bitcoin price could test the $80,000 level ahead of the upcoming halving event.

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