Bitcoin Cash (BCH) and Bitcoin both have 21 million maximum supply and approximately 19.6 million coins in circulation. Despite their similar halving schedules, BCH’s halvings occur on a different timeline. Currently, it is too early to gauge the long-term impact of BCH’s halvings on prices. This altcoin was created as a result of a hard fork in 2017, increasing the block size to 32MB to enable faster and cheaper transactions, addressing concerns about centralization.
Litecoin (LTC) operates on the same proof-of-work consensus algorithm as Bitcoin but with key attributes quadrupled, resulting in new blocks created four times faster. Despite halvings occurring every four years, they only occur every 840,000 blocks, with the current block reward of 6.25 LTC set to reduce to 3.125 LTC by 2027. However, halvings haven’t consistently led to bullish activity for LTC, which has seen a decline in market cap rankings recently. Bitcoin SV’s (BSV) recent halving on April 13 makes it difficult to predict the impact of reduced block rewards on prices.
Due to the limited historical data, it is challenging to assess the effect of halvings on BSV’s prices. Overall, Bitcoin halvings continue to generate the most market excitement and price momentum, overshadowing halvings in other cryptocurrencies.