Bitcoin cash is under the spotlight

The bitcoin cash rose 17% on the first day of the new week, in addition to the extraordinary growth of cryptocurrency from previous weeks. Thus, the bitcoin cash has already been up by more than 80% in the past few weeks, making it the best performer among the main cryptocurrencies.
The cryptocurrency, which is formed after a "difficult fork" in the bitcoin in August last year, is one of the fastest recoverable cryptocurrencies since the beginning of the year.
What caused the strong appreciation of the bitcoin cash?
This is most likely the anticipated new "difficult fork" in the cryptocurrency, which aims to increase the computing power of the bitcoin cash, increasing the size of the blocks being processed.
The bitcoin goes to a difficult fork on May 15th, which is expected to increase the maximum size of the 8MB block to 32MB, while removing the SegWit protocol, according Matti Greenspan, an eToro analyst.
However, those who expect to receive a dividend or new coins may be disappointed, the analyst warned. If everything goes smoothly, the new coin, which will be created after the fork, is expected to completely replace the old coin. There may be some players who will try to keep the old coin "alive", the expert says.