CME's BCH Futures Launch Sparks 30% Price Surge

The Bitcoin Cash (BCH) price surged 30% after the Chicago Mercantile Exchange (CME) announced that it will launch futures contracts for BCH.

This move is expected to increase the exposure and adoption of BCH, which has been gaining traction in recent times. The CME's decision to add BCH futures is a significant development for the cryptocurrency market, as it will provide institutional investors with a new way to gain access to the asset.

The announcement by the CME comes at a time when BCH is already showing strong momentum. Its price has been steadily increasing in recent weeks, and this latest news is likely to further boost its value.