Bitcoin has seen exponential growth after beating skeptics and various cyberattack controversies. Now, most crypto projects aim to be the next Bitcoin.
But Bitcoin Cash (BCH) is different – it was created to take a different path than the BTC threaded. BCH was created by former BTC holders and developers, driven by their displeasure with BTC’s by-then trajectory and network system.
It’s dubbed the better Bitcoin, with the ability to scale effectively due to increased block sizes and faster processing.
In this TRU Insight, we’ll dive deeper into the Bitcoin Cash (BCH) market and explore whether its creation improves BTC, the largest cryptocurrency per market valuation.
Bitcoin Cash (BCH) Price in 2025
| Market Capitalization | USD 6.59 billion |
| 52-week Range | USD 270.59 – USD 714.06 |
| Max Supply | 21 million |
| Total Supply | 19.84 million |
Bitcoin Cash was launched in 2023 to address the scalability concern surrounding the Bitcoin cryptocurrency. Ultimately, this cryptocurrency claimed to follow the roadmap presented by Satoshi Nakamoto in the original Bitcoin whitepaper.
A few months after its launch, the BCH price skyrocketed to USD 4,355.62 in December 2017. But after that impressive increase, the market started trading at USD 1,206.53 to $2.4979.
Related: Bitcoin Price Breaks $100k Mark + What’s Next? 2025
Overview of Bitcoin Cash (BCH)
Bitcoin Cash (BCH) was created in 2017 after an unresolved disagreement within the Bitcoin community. Due to the immense market growth, polarization within the community rose.
Some advocated for a larger block, ensuring a faster solution to the rising transaction costs. However, it’s opposed by most community members as it would result in centralization and difficulty in hosting full nodes.
To address this, 80% to 90% of mining pools and companies decided to incorporate segregated witness (SegWit) to make transactions faster by removing signature data from the block. However, the remaining mining pools and companies believed that SegWit was insufficient to address the scalability issue.
Thus, the displeased developers hard-forked the Bitcoin network, altering the blockchain code to increase the block size to 8 megabytes (MB) and transactions per second per block.
Note: In 2018, the developers increased the BCH block size to 32MB to facilitate more transactions per block.
Deeper Look into Crypto Network Forking
In the cryptocurrency scene, a network fork refers to the divergence in a particular blockchain network. This divergence could occur due to several factors necessary to improve the network, including:
- Security Issue Troubleshoot
- System Upgrade
- Integration of New Functions
However, more often than not, a blockchain fork could address the community’s disagreement. This factor preceded the inception of Bitcoin Cash.
Here are the two types of Crypto Forking:
- Soft Fork: A backward-compatible process, allowing non-upgraded nodes to be considered valid despite the changes.
- Hard Fork: A non-backward-compatible process that requires all nodes to follow the new network rules.
BCH Vs. BTC
Bitcoin Cash aimed to be an improved counterpart of Bitcoin, facilitating faster and more scalable blockchain transactions.
Now, let’s look at how BCH differs from BTC.
Expanded Block Size
One notable improvement of BCH compared to BTC is its expanded block size limit. This ultimately addressed BCH developers’ concern with the BTC scalability issue, which only has a block size of 1 MB.
Each block is sized at 32 MB in the hard-forked Bitcoin Cash network. This increased block size supports 25,000 transactions per block – a significant increase from the 1,000 BTC.
Smart Contract
One concern within the BTC community was its inability to support self-executing contracts (smart contracts). This concern intensified in 2016 when the Bitcoin user base exponentially grew due to mass adoption.
Thus, the developers of the BCH blockchain implemented smart contract languages (Cashscript) to enable such automation in the increasing market.
