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The news about Bitmain's IPO affected the growth of Bitcoin Cash

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To date, the price of Bitcoin Cash has grown by 21%. At the time of writing, Bitcoin Cash is valued at $ 542.

This growth was influenced by the statement of Bitmain, which applied for an initial public offering (IPO) on the Hong Kong Stock Exchange. With the help of IPO, Bitmain will be able to offer its shares to the general public.

Earlier, Bitmain published a financial report, which indicates some of the benefits of using Bitcoin and Bitcoin Cash through the company's services. This report has had a significant impact on the growth of Bitcoin Cash, as now people will be able to purchase Bitmain shares for the first time.

It seems that Bitcoin Cash community is closely related to Bitmain. At first glance, there is no direct connection between them, but it is difficult to deny that the Bitmain news had a very positive impact on the value of Bitcoin Cash.

At the moment, it is expected that Bitcoin Cash will continue to grow in the second half of the day, further correction will come into force and the cost of Bitcoin Cash will necessarily level by the end of this day.

And what do you think about this?

  • bitcoinBitcoin (BTC) $ 19,008.81
  • ethereumEthereum (ETH) $ 1,024.55
  • cardanoCardano (ADA) $ 0.444650
  • polkadotPolkadot (DOT) $ 6.77
  • litecoinLitecoin (LTC) $ 51.35
  • chainlinkChainlink (LINK) $ 6.04
  • stellarStellar (XLM) $ 0.107231
  • bitcoin-cashBitcoin Cash (BCH) $ 99.64