From 24/7 Wall St. · Sam Daodu · · 1m 20s
Bitcoin Cash Surges 18% This Month
Bitcoin Cash jumps 18% this month while Bitcoin gains 6%, can it keep outperforming?
In brief
Bitcoin Cash jumps 18% this month while Bitcoin gains 6%, can it keep outperforming? Bitcoin Cash rose 18.3% this month versus Bitcoin's 6.5% gain, but its lead may fade after CME futures launch. Originally reported by 24/7 Wall St..
Bitcoin Cash Surges
Bitcoin Cash gained 18.3% over the past month, significantly outperforming Bitcoin's 6.5% rise.
CME Futures Announcement
CME Group announced plans to introduce Bitcoin Cash futures on October 19, pending regulatory approval.
Price Surge on Sept 22
Bitcoin Cash jumped from $267 to $345 on September 22, a 29% gain and its biggest daily rise in six weeks.
Recent Decline
Bitcoin Cash has declined 13.2% in the last two weeks, trading 53.9% lower for the year.
Futures Impact
Futures contracts allow institutional investors to hedge against price drops and attract traders buying the rumor.
Bitcoin's Steady Rise
Bitcoin rose steadily from $76,349 to $81,545 this month, remaining below its 2025 peak of $126,080.
Price Rebound
Bitcoin Cash rebounded slightly to $278 on October 15 after falling to $271 by October 8.
What Happens Next
Bitcoin Cash may lose momentum if CME futures launch is delayed or attracts only hedgers and short sellers.
The headline
Bitcoin Cash rose 18.3% this month versus Bitcoin's 6.5% gain, but its lead may fade after CME futures launch.
