Bitcoin Fork Up Over 50% in Past Week — Market Talk

Bitcoin Cash, the product of a 2017 hard-fork of bitcoin, has had an explosive week--gaining 57% in the past seven days, according to data from Coinglass. Pushing the alternative blockchain up are plans from the CME Group to launch futures contracts for both Bitcoin Cash and Uniswap starting next month. The last time Bitcoin Cash traded this high was in late May. BCH is up 6.3% to $344.89, according to Coinglass data. Other major cryptocurrencies are mostly trading negative, with bitcoin down 1.9% to $84,577, ethereum off 2.7% to $2,677, XRP losing 2.7% to $1.53, and solana back-tracking 2.4% to $115.09. ([email protected])