
Bitcoin Slips to $84K as Forks BCH and BSV Surge
- —BCH surged as much as 30%, topping $340, after CME announced BCH futures
- —CME will launch BCH futures on Oct. 19: 250 BCH per contract, 25 BCH for micros
- —Grayscale filed to convert its Bitcoin Cash Trust into a spot ETF for NYSE Arca
- —BSV rose about 20% to $21 as derivatives open interest climbed
Why it matters: The fork rally signals capital rotation into less liquid assets while bitcoin consolidates, though such spikes have historically faded quickly.
Source: Yahoo Finance Crypto