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CME Group has debuted plans to launch bitcoin cash futures contracts

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Terence Zimwara.

Bitcoin cash (BCH) broke through $300 Tuesday for the first time in nearly three months after CME Group announced plans to add the token and Uniswap (UNI) to its crypto derivatives suite.

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Summary

CME Group has announced plans to launch bitcoin cash futures contracts, triggering a 30% surge in the cryptocurrency’s price to $345. CME Group announced it will launch bitcoin cash and uniswap futures contracts on Oct. 19. The announcement sparked a 30% rally in BCH, outperforming the broader cryptocurrency market. UNI initially jumped 11% to $9.70 following the news before pulling back to $9.18.

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