As Bitcoin rises, all eyes are on this altcoin: Ready for bullish!

Bitcoin (BTC), which has been rising breathlessly for a while with the halving agenda, has become an altcoin.

The fact that Bitcoin (BTC) halving is less than 20 days away has increased the interest in cryptocurrencies. The cryptocurrency industry, which caught fire with spot BTC ETFs in late 2023, is now experiencing the halving excitement. The start of the countdown for the halving has increased the interest in BTC. The positive momentum in BTC directly affected an altcoin. So which altcoin is this? Why did the increase in BTC make this altcoin more prominent?

## Bitcoin hardforks are starting to see value!

BTC hardforks, which have been silent for a while, came to mind again with the latest release of Bitcoin Cash (BCH). Hardforks, which have experienced less increase than most altcoins, gave hope with the rise of BCH in the last 24 hours. BCH, one of the leading BTC hardforks, increased by more than 10 percent in a short time and ranked second in the “Most Rising Cryptocurrencies” list. The popular coin, which debuted unexpectedly, may make a name for itself during Bitcoin's bull run.

The Bitcoin spot ETF process, which has occupied the market in recent months, benefited the most from hardforks. The unstoppable rise of BTC directly spurred hardfork projects. When we look at the current process, the same effect seems to show itself with the halving. A sharp rise that halving may cause in the BTC price may increase the demand for hardforks and push the parities to higher levels.

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.