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Interest in these altcoins increased before the halving: They’re playing for the top!
Bitcoin (BTC) halving is 15 days away, the rise of hardforks has garnered a lot of attention.
On average, it will complete its halving after 15 days. Bitcoinconfused the turbulent market. The pioneer of cryptocurrencies, which has not experienced a clear rise despite the increase in dominance, has been leading to a decline in altcoins for several days. However, it did not go unnoticed that some projects were bullish without paying attention to the market.
The fact that these projects are focused on harfork revealed the impact of halving on altcoins. According to CoinMarketCap, there are three hardforks among the five cryptocurrencies that have risen the most in the last 24 hours.
1- Bitcoin SV (BSV)
Bitcoin hardforkone of the Bitcoin SV (BSV) has been one of the altcoins that have shown good output recently. BSV, which usually shows itself during periods of increasing Bitcoin dominance, did not surprise this time either. BSV, which started climbing with the countdown to the BTC halving, seems to be targeting $ 100 for now. If the halving creates more enthusiasm, it will be possible to see triple-digit prices in BSV.
2- Bitcoin Cash (BCH)
Bitcoin’s other hardfork Bitcoin Cash (BCH)took advantage of the halving environment and caught an upward momentum. BCH, which started to rise without getting caught up in the volatility in the market, reached $ 661 with the rebound from $ 550. BCH, which draws a very good outlook in terms of both technical structure and fundamental analysis, looks like it will make a name for itself for a while.
3- Ethereum Classic (ETC)
Ethereum‘s hardfork, Ethereum Classic (ETC) has come to the forefront as the halving environment has heated up and ETH spot ETFs have become a hot topic. The popular coin, which has been in a correction phase for the last few days, has been on the rise, delighting its investor base. The real crunch for ETC will begin as the spot ETH ETFs near their conclusion. Positive developments will push the ETC price to higher levels. However, in the opposite scenario, we could see selling pressure.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk and readers should do their own research when making decisions.
