Bitcoin Cash (BCH) experienced a minor uptick of 2% after Roger Ver, a prominent supporter of the cryptocurrency, was released on bail from a Spanish prison, according to a recent Bloomberg report. Ver, also known as Bitcoin Jesus, still faces potential extradition to the US, where he is charged with fraud and tax evasion. Despite the positive impact of Ver’s release on BCH’s price, the cryptocurrency quickly retraced its gains. The future trajectory of BCH’s price may depend on the outcome of Ver’s legal proceedings. Earlier this year, BCH also saw significant gains of nearly 15% following a successful halving event in April, reaching a two-year high of $700.
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Bitcoin Cash gains slightly after Roger Ver’s bail from Spanish prison
