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Bitcoin Cash Surges Ahead of CME Futures Launch

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Bitcoin Cash (BCH) has made significant gains over the past week, surging 54.44% and reaching a price of $358.39.

This price increase comes on the heels of CME Group's plan to launch BCH futures on October 19, pending regulatory review.

The rally also pushed daily trading volume to $1.61 billion, with market capitalization nearing $7.2 billion.

However, traders are now facing a critical technical level at $355.25 as bullish momentum collides with resistance.

A daily close above this level could strengthen the breakout structure and bring the $360 psychological level into focus.

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