What Is Bitcoin Cash (BCH) Cryptocurrency?
Bitcoin Cash is a cryptocurrency that was created as a result of the hard fork in the Bitcoin network in 2017. The main reason for the split was the problem of Bitcoin’s scalability and the community’s urge to increase the number of transactions processed per second in the Bitcoin network.
In this article, we will take a closer look at the Bitcoin Cash protocol and discover similarities and differences between Bitcoin and Bitcoin Cash. We are also about to discuss the future of this project and its impact on the global crypto community.
BCH Overview
Our real-time BCH to USD price update shows the current Bitcoin Cash price as $704.7 USD.
According to our Bitcoin Cash price prediction, BCH price is expected to have a -5.12% decrease and drop as low as by April 07, 2024.
Our analysis of the technical indicators suggests that the current market feeling is Bullish Bearish 12%, with a Fear & Greed Index score of 79 (Extreme Greed).
Over the last 30 days, Bitcoin Cash has had 18/30 (60%) green days and 18.16% price volatility.
Bitcoin Cash (BCH) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Bitcoin Cash Profit Calculator
Currencies
Bitcoin Cash (BCH) Price Prediction For Today, Tomorrow and Next 30 Days
Date
Price
Change
April 06, 2024$666.54-5.2%April 07, 2024$657.77-6.45%April 08, 2024$667.15-5.12%April 09, 2024$704.100.14%April 10, 2024$729.243.71%April 11, 2024$684.58-2.64%April 12, 2024$678.23-3.54%April 13, 2024$677.97-3.58%April 14, 2024$687.39-2.24%April 15, 2024$695.19-1.13%April 16, 2024$690.84-1.75%April 17, 2024$688.88-2.03%April 18, 2024$683.22-2.83%April 19, 2024$682.98-2.86%April 20, 2024$691.79-1.61%April 21, 2024$702.74-0.05%April 22, 2024$690.28-1.83%April 23, 2024$673.38-4.23%April 24, 2024$659.72-6.17%April 25, 2024$653.96-6.99%April 26, 2024$654.96-6.85%April 27, 2024$656.44-6.64%April 28, 2024$663.07-5.7%April 29, 2024$656.70-6.6%April 30, 2024$644.41-8.35%May 01, 2024$634.29-9.79%May 02, 2024$633.65-9.88%May 03, 2024$642.64-8.6%May 04, 2024$641.04-8.83%May 05, 2024$639.22-9.09%
Bitcoin Cash Prediction Table
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
April
$644.41
$686.83
$729.24
May
$334.67
$491.99
$649.31
June
$392.46
$404
$415.53
July
$326.37
$365.81
$405.24
August
$320.77
$485.70
$650.63
September
$283.56
$462.25
$640.93
October
$191.48
$401.73
$611.98
November
$260.98
$269.26
$277.53
December
$251.57
$263.33
$275.09
All Time
$334.03
$425.66
$517.28
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$274.27
$770.80
$542.25
February
$357.07
$812.37
$624.13
March
$439.86
$853.93
$706.02
April
$522.65
$895.49
$787.91
May
$605.45
$937.06
$869.79
June
$688.24
$978.62
$951.68
July
$771.03
$1,020.18
$1,033.57
August
$853.83
$1,061.75
$1,115.45
September
$936.62
$1,103.31
$1,197.34
October
$1,019.41
$1,144.87
$1,279.23
November
$1,102.21
$1,186.44
$1,361.11
December
$1,185
$1,228
$1,443
All Time
$729.64
$999.40
$992.62
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$1,227
$1,271.50
$1,495.42
February
$1,269
$1,315
$1,547.83
March
$1,311
$1,358.50
$1,600.25
April
$1,353
$1,402
$1,652.67
May
$1,395
$1,445.50
$1,705.08
June
$1,437
$1,489
$1,757.50
July
$1,479
$1,532.50
$1,809.92
August
$1,521
$1,576
$1,862.33
September
$1,563
$1,619.50
$1,914.75
October
$1,605
$1,663
$1,967.17
November
$1,647
$1,706.50
$2,019.58
December
$1,689
$1,750
$2,072
All Time
$1,458
$1,510.75
$1,783.71
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$1,754.92
$1,818.17
$2,145.08
February
$1,820.83
$1,886.33
$2,218.17
March
$1,886.75
$1,954.50
$2,291.25
April
$1,952.67
$2,022.67
$2,364.33
May
$2,018.58
$2,090.83
$2,437.42
June
$2,084.50
$2,159
$2,510.50
July
$2,150.42
$2,227.17
$2,583.58
August
$2,216.33
$2,295.33
$2,656.67
September
$2,282.25
$2,363.50
$2,729.75
October
$2,348.17
$2,431.67
$2,802.83
November
$2,414.08
$2,499.83
$2,875.92
December
$2,480
$2,568
$2,949
All Time
$2,117.46
$2,193.08
$2,547.04
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$2,567.50
$2,658.92
$3,057.42
February
$2,655
$2,749.83
$3,165.83
March
$2,742.50
$2,840.75
$3,274.25
April
$2,830
$2,931.67
$3,382.67
May
$2,917.50
$3,022.58
$3,491.08
June
$3,005
$3,113.50
$3,599.50
July
$3,092.50
$3,204.42
$3,707.92
August
$3,180
$3,295.33
$3,816.33
September
$3,267.50
$3,386.25
$3,924.75
October
$3,355
$3,477.17
$4,033.17
November
$3,442.50
$3,568.08
$4,141.58
December
$3,530
$3,659
$4,250
All Time
$3,048.75
$3,158.96
$3,653.71
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$3,663.50
$3,797
$4,408.33
February
$3,797
$3,935
$4,566.67
March
$3,930.50
$4,073
$4,725
April
$4,064
$4,211
$4,883.33
May
$4,197.50
$4,349
$5,041.67
June
$4,331
$4,487
$5,200
July
$4,464.50
$4,625
$5,358.33
August
$4,598
$4,763
$5,516.67
September
$4,731.50
$4,901
$5,675
October
$4,865
$5,039
$5,833.33
November
$4,998.50
$5,177
$5,991.67
December
$5,132
$5,315
$6,150
All Time
$4,397.75
$4,556
$5,279.17
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$5,313.42
$5,503.33
$6,368.50
February
$5,494.83
$5,691.67
$6,587
March
$5,676.25
$5,880
$6,805.50
April
$5,857.67
$6,068.33
$7,024
May
$6,039.08
$6,256.67
$7,242.50
June
$6,220.50
$6,445
$7,461
July
$6,401.92
$6,633.33
$7,679.50
August
$6,583.33
$6,821.67
$7,898
September
$6,764.75
$7,010
$8,116.50
October
$6,946.17
$7,198.33
$8,335
November
$7,127.58
$7,386.67
$8,553.50
December
$7,309
$7,575
$8,772
All Time
$6,311.21
$6,539.17
$7,570.25
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$7,618.92
$7,888
$9,100.33
February
$7,928.83
$8,201
$9,428.67
March
$8,238.75
$8,514
$9,757
April
$8,548.67
$8,827
$10,085.33
May
$8,858.58
$9,140
$10,413.67
June
$9,168.50
$9,453
$10,742
July
$9,478.42
$9,766
$11,070.33
August
$9,788.33
$10,079
$11,398.67
September
$10,098.25
$10,392
$11,727
October
$10,408.17
$10,705
$12,055.33
November
$10,718.08
$11,018
$12,383.67
December
$11,028
$11,331
$12,712
All Time
$9,323.46
$9,609.50
$10,906.17
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$11,497.50
$11,813
$13,296.42
February
$11,967
$12,295
$13,880.83
March
$12,436.50
$12,777
$14,465.25
April
$12,906
$13,259
$15,049.67
May
$13,375.50
$13,741
$15,634.08
June
$13,845
$14,223
$16,218.50
July
$14,314.50
$14,705
$16,802.92
August
$14,784
$15,187
$17,387.33
September
$15,253.50
$15,669
$17,971.75
October
$15,723
$16,151
$18,556.17
November
$16,192.50
$16,633
$19,140.58
December
$16,662
$17,115
$19,725
All Time
$14,079.75
$14,464
$16,510.71
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$17,254.50
$17,741.08
$20,476.67
February
$17,847
$18,367.17
$21,228.33
March
$18,439.50
$18,993.25
$21,980
April
$19,032
$19,619.33
$22,731.67
May
$19,624.50
$20,245.42
$23,483.33
June
$20,217
$20,871.50
$24,235
July
$20,809.50
$21,497.58
$24,986.67
August
$21,402
$22,123.67
$25,738.33
September
$21,994.50
$22,749.75
$26,490
October
$22,587
$23,375.83
$27,241.67
November
$23,179.50
$24,001.92
$27,993.33
December
$23,772
$24,628
$28,745
All Time
$20,513.25
$21,184.54
$24,610.83
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$28,173.58
$30,477
$35,605.42
February
$32,575.17
$36,326
$42,465.83
March
$36,976.75
$42,175
$49,326.25
April
$41,378.33
$48,024
$56,186.67
May
$45,779.92
$53,873
$63,047.08
June
$50,181.50
$59,722
$69,907.50
July
$54,583.08
$65,571
$76,767.92
August
$58,984.67
$71,420
$83,628.33
September
$63,386.25
$77,269
$90,488.75
October
$67,787.83
$83,118
$97,349.17
November
$72,189.42
$88,967
$104,209.58
December
$76,591
$94,816
$111,070
All Time
$52,382.29
$62,646.50
$73,337.71
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$86,708.83
$104,769.58
$120,900.42
February
$96,826.67
$114,723.17
$130,730.83
March
$106,944.50
$124,676.75
$140,561.25
April
$117,062.33
$134,630.33
$150,391.67
May
$127,180.17
$144,583.92
$160,222.08
June
$137,298
$154,537.50
$170,052.50
July
$147,415.83
$164,491.08
$179,882.92
August
$157,533.67
$174,444.67
$189,713.33
September
$167,651.50
$184,398.25
$199,543.75
October
$177,769.33
$194,351.83
$209,374.17
November
$187,887.17
$204,305.42
$219,204.58
December
$198,005
$214,259
$229,035
All Time
$142,356.92
$159,514.29
$174,967.71
Bitcoin Cash Historical
According to the latest data gathered, the current price of Bitcoin Cash is $$667.39, and BCH is presently ranked No. 13 in the entire crypto ecosystem. The circulation supply of Bitcoin Cash is $13,139,487,364.51, with a market cap of 19,687,778 BCH.
In the past 24 hours, the crypto has increased by $27.36 in its current value.
For the last 7 days, BCH has been in a good upward trend, thus increasing by 10.52%. Bitcoin Cash has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of BCH has increased by 63.3%, adding a colossal average amount of $422.46 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Bitcoin Cash Price Prediction 2024
According to the technical analysis of Bitcoin Cash prices expected in 2024, the minimum cost of Bitcoin Cash will be $$191.48. The maximum level that the BCH price can reach is $$460.36. The average trading price is expected around $$729.24.
BCH Price Forecast for April 2024
Based on the price fluctuations of Bitcoin Cash at the beginning of 2023, crypto experts expect the average BCH rate of $$686.83 in April 2024. Its minimum and maximum prices can be expected at $$644.41 and at $$729.24, respectively.
May 2024: Bitcoin Cash Price Forecast
Cryptocurrency experts are ready to announce their forecast for the BCH price in May 2024. The minimum trading cost might be $$334.67, while the maximum might reach $$649.31 during this month. On average, it is expected that the value of Bitcoin Cash might be around $$491.99.
BCH Price Forecast for June 2024
Crypto analysts have checked the price fluctuations of Bitcoin Cash in 2023 and in previous years, so the average BCH rate they predict might be around $$404 in June 2024. It can drop to $$392.46 as a minimum. The maximum value might be $$415.53.
July 2024: Bitcoin Cash Price Forecast
In the middle of the year 2023, the BCH price will be traded at $$365.81 on average. July 2024 might also witness an increase in the Bitcoin Cash value to $$405.24. It is assumed that the price will not drop lower than $$326.37 in July 2024.
BCH Price Forecast for August 2024
Crypto experts have analyzed Bitcoin Cash prices in 2023, so they are ready to provide their estimated trading average for August 2024 — $$485.70. The lowest and peak BCH rates might be $$320.77 and $$650.63.
September 2024: Bitcoin Cash Price Forecast
Crypto analysts expect that at the end of summer 2023, the BCH price will be around $$462.25. In September 2024, the Bitcoin Cash cost may drop to a minimum of $$283.56. The expected peak value might be $$640.93 in September 2024.
BCH Price Forecast for October 2024
Having analyzed Bitcoin Cash prices, cryptocurrency experts expect that the BCH rate might reach a maximum of $$611.98 in October 2024. It might, however, drop to $$191.48. For October 2024, the forecasted average of Bitcoin Cash is nearly $$401.73.
November 2024: Bitcoin Cash Price Forecast
In the middle of autumn 2023, the Bitcoin Cash cost will be traded at the average level of $$269.26. Crypto analysts expect that in November 2024, the BCH price might fluctuate between $$260.98 and $$277.53.
BCH Price Forecast for December 2024
Market experts expect that in December 2024, the Bitcoin Cash value will not drop below a minimum of $$251.57. The maximum peak expected this month is $$275.09. The estimated average trading value will be at the level of $$263.33.
Bitcoin Cash Price Prediction 2025
After the analysis of the prices of Bitcoin Cash in previous years, it is assumed that in 2025, the minimum price of Bitcoin Cash will be around $$1,185. The maximum expected BCH price may be around $$1,443. On average, the trading price might be $$1,228 in 2025.
Month
Minimum Price
Average Price
Maximum Price
January 2025
$274.27
$770.80
$542.25
February 2025
$357.07
$812.37
$624.13
March 2025
$439.86
$853.93
$706.02
April 2025
$522.65
$895.49
$787.91
May 2025
$605.45
$937.06
$869.79
June 2025
$688.24
$978.62
$951.68
July 2025
$771.03
$1,020.18
$1,033.57
August 2025
$853.83
$1,061.75
$1,115.45
September 2025
$936.62
$1,103.31
$1,197.34
October 2025
$1,019.41
$1,144.87
$1,279.23
November 2025
$1,102.21
$1,186.44
$1,361.11
December 2025
$1,185
$1,228
$1,443
Bitcoin Cash Price Prediction 2026
Based on the technical analysis by cryptocurrency experts regarding the prices of Bitcoin Cash, in 2026, BCH is expected to have the following minimum and maximum prices: about $$1,689 and $$2,072, respectively. The average expected trading cost is $$1,750.
Month
Minimum Price
Average Price
Maximum Price
January 2026
$1,227
$1,271.50
$1,495.42
February 2026
$1,269
$1,315
$1,547.83
March 2026
$1,311
$1,358.50
$1,600.25
April 2026
$1,353
$1,402
$1,652.67
May 2026
$1,395
$1,445.50
$1,705.08
June 2026
$1,437
$1,489
$1,757.50
July 2026
$1,479
$1,532.50
$1,809.92
August 2026
$1,521
$1,576
$1,862.33
September 2026
$1,563
$1,619.50
$1,914.75
October 2026
$1,605
$1,663
$1,967.17
November 2026
$1,647
$1,706.50
$2,019.58
December 2026
$1,689
$1,750
$2,072
Bitcoin Cash Price Prediction 2027
The experts in the field of cryptocurrency have analyzed the prices of Bitcoin Cash and their fluctuations during the previous years. It is assumed that in 2027, the minimum BCH price might drop to $$2,480, while its maximum can reach $$2,949. On average, the trading cost will be around $$2,568.
Month
Minimum Price
Average Price
Maximum Price
January 2027
$1,754.92
$1,818.17
$2,145.08
February 2027
$1,820.83
$1,886.33
$2,218.17
March 2027
$1,886.75
$1,954.50
$2,291.25
April 2027
$1,952.67
$2,022.67
$2,364.33
May 2027
$2,018.58
$2,090.83
$2,437.42
June 2027
$2,084.50
$2,159
$2,510.50
July 2027
$2,150.42
$2,227.17
$2,583.58
August 2027
$2,216.33
$2,295.33
$2,656.67
September 2027
$2,282.25
$2,363.50
$2,729.75
October 2027
$2,348.17
$2,431.67
$2,802.83
November 2027
$2,414.08
$2,499.83
$2,875.92
December 2027
$2,480
$2,568
$2,949
Bitcoin Cash Price Prediction 2028
Based on the analysis of the costs of Bitcoin Cash by crypto experts, the following maximum and minimum BCH prices are expected in 2028: $$4,250 and $$3,530. On average, it will be traded at $$3,659.
Month
Minimum Price
Average Price
Maximum Price
January 2028
$2,567.50
$2,658.92
$3,057.42
February 2028
$2,655
$2,749.83
$3,165.83
March 2028
$2,742.50
$2,840.75
$3,274.25
April 2028
$2,830
$2,931.67
$3,382.67
May 2028
$2,917.50
$3,022.58
$3,491.08
June 2028
$3,005
$3,113.50
$3,599.50
July 2028
$3,092.50
$3,204.42
$3,707.92
August 2028
$3,180
$3,295.33
$3,816.33
September 2028
$3,267.50
$3,386.25
$3,924.75
October 2028
$3,355
$3,477.17
$4,033.17
November 2028
$3,442.50
$3,568.08
$4,141.58
December 2028
$3,530
$3,659
$4,250
Bitcoin Cash Price Prediction 2029
Crypto experts are constantly analyzing the fluctuations of Bitcoin Cash. Based on their predictions, the estimated average BCH price will be around $$5,315. It might drop to a minimum of $$5,132, but it still might reach $$6,150 throughout 2029.
Month
Minimum Price
Average Price
Maximum Price
January 2029
$3,663.50
$3,797
$4,408.33
February 2029
$3,797
$3,935
$4,566.67
March 2029
$3,930.50
$4,073
$4,725
April 2029
$4,064
$4,211
$4,883.33
May 2029
$4,197.50
$4,349
$5,041.67
June 2029
$4,331
$4,487
$5,200
July 2029
$4,464.50
$4,625
$5,358.33
August 2029
$4,598
$4,763
$5,516.67
September 2029
$4,731.50
$4,901
$5,675
October 2029
$4,865
$5,039
$5,833.33
November 2029
$4,998.50
$5,177
$5,991.67
December 2029
$5,132
$5,315
$6,150
Bitcoin Cash Price Prediction 2030
Every year, cryptocurrency experts prepare forecasts for the price of Bitcoin Cash. It is estimated that BCH will be traded between $$7,309 and $$8,772 in 2030. Its average cost is expected at around $$7,575 during the year.
Month
Minimum Price
Average Price
Maximum Price
January 2030
$5,313.42
$5,503.33
$6,368.50
February 2030
$5,494.83
$5,691.67
$6,587
March 2030
$5,676.25
$5,880
$6,805.50
April 2030
$5,857.67
$6,068.33
$7,024
May 2030
$6,039.08
$6,256.67
$7,242.50
June 2030
$6,220.50
$6,445
$7,461
July 2030
$6,401.92
$6,633.33
$7,679.50
August 2030
$6,583.33
$6,821.67
$7,898
September 2030
$6,764.75
$7,010
$8,116.50
October 2030
$6,946.17
$7,198.33
$8,335
November 2030
$7,127.58
$7,386.67
$8,553.50
December 2030
$7,309
$7,575
$8,772
Bitcoin Cash Price Prediction 2031
Cryptocurrency analysts are ready to announce their estimations of the Bitcoin Cash’s price. The year 2031 will be determined by the maximum BCH price of $$12,712. However, its rate might drop to around $$11,028. So, the expected average trading price is $$11,331.
Month
Minimum Price
Average Price
Maximum Price
January 2031
$7,618.92
$7,888
$9,100.33
February 2031
$7,928.83
$8,201
$9,428.67
March 2031
$8,238.75
$8,514
$9,757
April 2031
$8,548.67
$8,827
$10,085.33
May 2031
$8,858.58
$9,140
$10,413.67
June 2031
$9,168.50
$9,453
$10,742
July 2031
$9,478.42
$9,766
$11,070.33
August 2031
$9,788.33
$10,079
$11,398.67
September 2031
$10,098.25
$10,392
$11,727
October 2031
$10,408.17
$10,705
$12,055.33
November 2031
$10,718.08
$11,018
$12,383.67
December 2031
$11,028
$11,331
$12,712
Bitcoin Cash Price Prediction 2032
After years of analysis of the Bitcoin Cash price, crypto experts are ready to provide their BCH cost estimation for 2032. It will be traded for at least $$16,662, with the possible maximum peaks at $$19,725. Therefore, on average, you can expect the BCH price to be around $$17,115 in 2032.
Month
Minimum Price
Average Price
Maximum Price
January 2032
$11,497.50
$11,813
$13,296.42
February 2032
$11,967
$12,295
$13,880.83
March 2032
$12,436.50
$12,777
$14,465.25
April 2032
$12,906
$13,259
$15,049.67
May 2032
$13,375.50
$13,741
$15,634.08
June 2032
$13,845
$14,223
$16,218.50
July 2032
$14,314.50
$14,705
$16,802.92
August 2032
$14,784
$15,187
$17,387.33
September 2032
$15,253.50
$15,669
$17,971.75
October 2032
$15,723
$16,151
$18,556.17
November 2032
$16,192.50
$16,633
$19,140.58
December 2032
$16,662
$17,115
$19,725
Bitcoin Cash Price Prediction 2033
Cryptocurrency analysts are ready to announce their estimations of the Bitcoin Cash’s price. The year 2033 will be determined by the maximum BCH price of $$28,745. However, its rate might drop to around $$23,772. So, the expected average trading price is $$24,628.
Month
Minimum Price
Average Price
Maximum Price
January 2033
$17,254.50
$17,741.08
$20,476.67
February 2033
$17,847
$18,367.17
$21,228.33
March 2033
$18,439.50
$18,993.25
$21,980
April 2033
$19,032
$19,619.33
$22,731.67
May 2033
$19,624.50
$20,245.42
$23,483.33
June 2033
$20,217
$20,871.50
$24,235
July 2033
$20,809.50
$21,497.58
$24,986.67
August 2033
$21,402
$22,123.67
$25,738.33
September 2033
$21,994.50
$22,749.75
$26,490
October 2033
$22,587
$23,375.83
$27,241.67
November 2033
$23,179.50
$24,001.92
$27,993.33
December 2033
$23,772
$24,628
$28,745
Bitcoin Cash Price Prediction 2040
According to the technical analysis of Bitcoin Cash prices expected in 2040, the minimum cost of Bitcoin Cash will be $$76,591. The maximum level that the BCH price can reach is $$111,070. The average trading price is expected around $$94,816.
Month
Minimum Price
Average Price
Maximum Price
January 2040
$28,173.58
$30,477
$35,605.42
February 2040
$32,575.17
$36,326
$42,465.83
March 2040
$36,976.75
$42,175
$49,326.25
April 2040
$41,378.33
$48,024
$56,186.67
May 2040
$45,779.92
$53,873
$63,047.08
June 2040
$50,181.50
$59,722
$69,907.50
July 2040
$54,583.08
$65,571
$76,767.92
August 2040
$58,984.67
$71,420
$83,628.33
September 2040
$63,386.25
$77,269
$90,488.75
October 2040
$67,787.83
$83,118
$97,349.17
November 2040
$72,189.42
$88,967
$104,209.58
December 2040
$76,591
$94,816
$111,070
Bitcoin Cash Price Prediction 2050
After the analysis of the prices of Bitcoin Cash in previous years, it is assumed that in 2050, the minimum price of Bitcoin Cash will be around $$198,005. The maximum expected BCH price may be around $$229,035. On average, the trading price might be $$214,259 in 2050.
Month
Minimum Price
Average Price
Maximum Price
January 2050
$86,708.83
$104,769.58
$120,900.42
February 2050
$96,826.67
$114,723.17
$130,730.83
March 2050
$106,944.50
$124,676.75
$140,561.25
April 2050
$117,062.33
$134,630.33
$150,391.67
May 2050
$127,180.17
$144,583.92
$160,222.08
June 2050
$137,298
$154,537.50
$170,052.50
July 2050
$147,415.83
$164,491.08
$179,882.92
August 2050
$157,533.67
$174,444.67
$189,713.33
September 2050
$167,651.50
$184,398.25
$199,543.75
October 2050
$177,769.33
$194,351.83
$209,374.17
November 2050
$187,887.17
$204,305.42
$219,204.58
December 2050
$198,005
$214,259
$229,035
How Does Bitcoin Cash Work?
The Bitcoin Cash network is based on the same technology as Bitcoin, including the proof-of-work consensus algorithm and the SHA-256 mining algorithm. BCH undergoes a halving every four years and has a supply limit of 21 million coins.
Image source: samaaenglish.tv
Block No. 478,559 in the Bitcoin and the Bitcoin Cash network is the one where they split. All the previous blocks generated before the hard fork are the same for these two digital currencies. During the split, all Bitcoin owners had an opportunity to become owners of an equivalent amount of Bitcoin Cash coins.
The application scope of Bitcoin Cash is limited to two main functions: a payment method and an investment opportunity. This means you can buy goods and pay for services online using Bitcoin Cash, and you can actually send, receive, and store BCH. It’s worth mentioning that at the moment, not so many online platforms accept Bitcoin Cash as a means of payment, but as the potential of the coin grows, more vendors may support it. There is a list of merchants that already work with Bitcoin Cash.
BCH: Founders and History
By 2017, the Bitcoin community had been debating for some time the issue of the Bitcoin network scalability, aiming to accommodate increasing transaction volume. On August 1, 2017, a group of Bitcoin activists, developers, and crypto enthusiasts initiated a Bitcoin hard fork, creating a new digital currency — Bitcoin Cash. They modified the original code and started a new branch of blockchain. Bitcoin Cash is now its own separate cryptocurrency, with its own price and market capitalization. While it is similar to Bitcoin in many ways, there are also some important differences between the two cryptocurrencies, which we will discuss later.
Roger Ver is frequently considered the most outspoken supporter of Bitcoin Cash. He did not, however, create Bitcoin Cash; he joined the project because he believed in the goals of this Bitcoin fork.
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How to Mine Bitcoin Cash?
Bitcoin Cash mining is the process of verifying transactions and adding them to the public ledger, known as the blockchain. Just like Bitcoin miners, BCH miners are rewarded with newly minted coins for their work. Bitcoin Cash mining is different from Bitcoin mining in several ways. First, the block size is 32 MB, which allows for faster transaction processing. Second, the difficulty adjustment slows down the rate at which new blocks are added to the blockchain, thus reducing the likelihood of forks.
Three items are necessary for mining Bitcoin Cash (BCH): a specialized mining setup (rig), a mining pool, a wallet to receive rewards, and reliable software to house your mining activities. Bitcoin Cash uses a proof-of-work (PoW) consensus algorithm for mining the limited supply of 21 million BCH.
Here is our beginner’s guide to Bitcoin Cash mining.
Advantages & Disadvantages of Bitcoin Cash
One advantage of Bitcoin Cash is that it is more scalable than Bitcoin. This is due to the increased block size, which facilitates processing more transactions per second. As a result, Bitcoin Cash can handle a higher volume of transactions than Bitcoin. Another major advantage of BCH is its accessibility: crypto enthusiasts can find it on many popular exchanges, unlike its lesser-known peers.
However, one disadvantage of Bitcoin Cash is that it is not as widely accepted as Bitcoin. This is because it is a relatively new cryptocurrency, and many businesses and exchanges have not started supporting it yet. That’s why finding places to spend Bitcoin Cash may be a quest for users. Another disadvantage of BCH is its branding problems: Bitcoin Cash has a hard time standing out, especially given how similar the two competitors’ names are. And, as it comes with any PoW-based blockchain, there is a huge environmental impact.
Overall, while Bitcoin Cash does have some advantages over other cryptocurrencies, it is important to weigh them against the disadvantages before deciding whether or not to invest in it.
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Bitcoin Cash vs. Bitcoin
Technically, BCH is Bitcoin’s spin-off, an alternative version that is similar enough but has its own independent blockchain and plays by its own rules. BCH blocks cannot be added to the BTC blockchain. Bitcoin and Bitcoin Cash share identical transaction histories up till August 1, 2017, but after this date, their ledgers are entirely different.
Bitcoin Cash works quite similarly to Bitcoin; the key difference between BTC and BCH is the size of their blocks. BCH creators believed that the best way to solve the scalability problem was to make each block in the chain larger. They assumed that if more transactions fitted into one block, they would be processed faster. After the hard fork, BCH’s block size reached 8MB, while BTC’s block size was 1MB. In May 2018, the Bitcoin Cash block size increased even more, and at the time of writing (September 2022), it equals 32MB.
Bitcoin developers took a different approach to the problem. They came up with the SegWit protocol — a way to separate the block’s signature data from the transaction information. This method enabled the storage of signature data outside the block, thus optimizing space inside and letting more transactions fit into one block. Currently, the Bitcoin blockchain can process 7–10 transactions per second.
Source: medium.com
Most crypto experts would agree that instead of solving the problem, this protocol postponed finding a potential final solution to it. Some argue that after the hard fork, Bitcoin remained a mere investment instrument, while Bitcoin Cash became a real means of payment.
Bitcoin Cash transactions are faster and have lower fees than those in the BTC network. However, Bitcoin Cash is not as widely accepted as Bitcoin, and the number of Bitcoin Cash users is considerably lower.
Learn more about BTC and BCH differences in this article.
How to Buy Bitcoin Cash?
If you want to buy Bitcoin Cash, you can easily do it on the Changelly exchange.
The first step: open the Buy page. Select the pair of fiat currency and crypto you’d like to exchange. In our case, it is BCH and USD. You can also exchange or sell Bitcoin Cash or other crypto assets.
Changelly interface
Next, enter the amount you are willing to spend to buy the coin in the “You spend” column. The service will automatically calculate the number of coins you will receive in exchange for this amount.
Now, you have to choose the payment offer you like. After that, you need to enter your card details and your crypto wallet address to which your coins will be transferred. If you don’t have a Bitcoin Cash wallet yet, you can open it right away on the same page. Cryptocurrency transactions are irreversible, so please double-check your wallet address before proceeding to the next step.
Finally, you need to confirm the payment. After a few minutes, you will receive your newly purchased cryptocurrency in your wallet. It’s a very quick process, and you can buy crypto while reading this article.
FAQ
Is Bitcoin Cash a good investment?
Bitcoin Cash (BCH) is a cryptocurrency that was created as a result of a hard fork of the Bitcoin blockchain. The main difference between Bitcoin and Bitcoin Cash is that the latter has a larger block size, which allows for faster transaction time. While the Bitcoin Cash community believes that this makes BCH a more appealing investment than Bitcoin, there are also some risks to consider. For one thing, Bitcoin Cash is still a relatively new cryptocurrency, and its long-term viability is yet to be known. Additionally, the value of Bitcoin Cash can be quite volatile, and it may not always be easy to convert this crypto back into fiat currency. As with any investment, there are both risks and potential rewards to consider before making a decision.
None of the content on Changelly is investment advice, nor is it a replacement of advice from a certified financial planner. Before buying Bitcoin Cash, we recommend you to do your own research.
Is Bitcoin Cash the same as Bitcoin?
No, they are two distinct cryptocurrencies. Bitcoin Cash emerged after a hard fork in the Bitcoin protocol, just like Ethereum ETH. Bitcoin Cash was later divided into Bitcoin Cash ABC and Bitcoin SV (Satoshi Vision).
What can you buy with Bitcoin Cash?
While there is a long list of companies that accept payments in Bitcoin, it’s not the same with Bitcoin Cash. Not so many vendors are adopting it yet, but you can already purchase items like gift cards for more than 300 retailers via special services.
Is it better to invest in Bitcoin or Bitcoin Cash?
Both cryptocurrencies have their benefits and risks, so it’s crucial to understand the difference between them before making a decision. Being the original cryptocurrency, BTC remains the most widely used and accepted. It has a strong reputation and a large community of users and developers. However, Bitcoin users also face some issues. BTC’s transaction fees have risen sharply in recent years, making it less suitable for small or microtransactions. In addition, its scalability issues have led to increasing concerns about its long-term viability. BCH, on the other hand, was created as a fork of BTC to address its scalability issues. It has lower transaction fees and can process more transactions per second than BTC. However, it is still a relatively new cryptocurrency, and its price is more volatile. Overall, there is no easy answer when it comes to deciding between BTC and BCH. It depends on each individual’s investment goals and risk tolerance.
Will Bitcoin Cash go as high as Bitcoin? What’s the highest Bitcoin Cash can go?
Some analysts anticipate that BCH will have surpassed the $1,100 threshold by 2026, which is certainly a very optimistic estimate. Visit our Bitcoin Cash price prediction page to find more detailed forecasts.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
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Cryptocurrency News & Trading Tips – Crypto Blog by Changelly