Bitcoin Cash Rises 1.60% to $282.58 as CME Logs First BCH Futures Block Trade
- —BCH trades at $282.58, up 1.60% on the day, with an intraday high of $282.98
- —Daily volume of $167.96 million is 43.12% below the 30-day average
- —CME logged its first block trade in BCH and UNI futures via FalconX and GSR
- —RSI at 49.4 and a bearish MACD offer no confirmation of a trend shift
Why it matters: CME's BCH futures broaden institutional access, but the lack of volume confirmation keeps the signal weak.
Source: DiarioBitcoin