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Bitcoin retreated to around $84,000, while its fork coins BCH and BSV surged. BCH rose over 50% this week due to CME's upcoming futures launch and Grayscale's ETF application submission.
Bitcoin retreated to around $84,000 on Wednesday, after hitting a seven-month high of $87,250. Meanwhile, fork coins like Bitcoin Cash (BCH) and Bitcoin SV (BSV) saw significant gains. BCH surged 30% to $358 after CME Group announced on Monday that it would launch its futures contract on October 19, with weekly gains exceeding 50%. Additionally, Grayscale also filed an application to convert its Bitcoin Cash Trust into a spot ETF, further boosting market sentiment. BSV also rose approximately 20% following BCH, reaching an annual high of $21.
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Source：Decrypt · Source Link
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