Thalia Quinteros M.Dec 31, 2021 · 3 years ago5 answers How does bifurcation affect the value of cryptocurrencies?
Bifurcation, also known as a hard fork, is a significant event in the cryptocurrency world. It occurs when a blockchain splits into two separate chains, resulting in the creation of a new cryptocurrency. How does this process of bifurcation impact the value of cryptocurrencies? What are the factors that determine whether the value of a cryptocurrency will increase or decrease as a result of a hard fork?