Key Points
- Bitcoin Cash completed its second halving today, reducing miner rewards from 6.25 BCH to 3.125 BCH.
- Bitcoin’s halving is scheduled for April 20, and this year, the event’s significance is debated more due to BTC ETFs’ approval.
Bitcoin Cash successfully completed its second halving today, early in the morning.
The halving of BCH occurred at block height 840,000, and the miner rewards were cut down from 6.25 BCH to 3.125 BCH. The first halving of BCH took place on April 8, 2020, when miner rewards were halved from 12.5 BCH to 6.25 BCH.
BCH’s price saw important volatility ahead of the halving event.
At the moment of writing this article, BCH is trading at $668, up by more than 9% in the past 24 hours, on CoinMarketCap.

Bitcoin Cash was engineered to be more efficient and cost-effective than Bitcoin.
Bitcoin is now 15 days and 23 hours ahead of its halving event scheduled for April 20.
15 days to go until Bitcoin halving
Bitcoin will see its fourth halving event this month. Bitcoin miners that successfully validate transactions are currently awarded 6.25 new Bitcoins for each mined block, and after the halving, the block reward will be reduced to 3.125 BTC.
Regarding Bitcoin’s price today, at the moment of writing this article, BTC is trading in the green, and the coin is priced just a little above $66k on CoinMarketCap.

Bitcoin’s halving event has an important significance, and the halving of the block reward is a key feature of Bitcoin’s monetary policy, which was implemented to control the inflation rate, ensure the coin’s scarcity, and boost its value over time.
Ahead of the important event, investors are preparing for the price fluctuations typically associated with it.
Halving usually plays an important role in Bitcoin’s development, but this year could be different due to the Bitcoin ETFs.
Today, the daily total net inflow in BTC ETFs is $113 million as of April 3, and the cumulative total net inflow is $12 billion as of the other day.
The US spot Bitcoin ETFs have seen an enormous rise in popularity and huge interest from institutional investors.
BlackRock’s CEO, Larry Fink, stated that the company’s spot Bitcoin ETF is experiencing unprecedented growth, making it the fastest-growing ETF ever.