Bitcoin Slips Toward $84K as CME Futures News Lifts BCH, BSV Forks

Bitcoin fell toward $84,000 on Sept. 23 after reaching a seven-month high near $87,250 earlier in the week, while traders rotated into Bitcoin Cash (BCH) and Bitcoin SV (BSV). BCH surged as much as 30% after CME Group said Sept. 21 it will launch Bitcoin Cash futures on Oct. 19, pending regulatory review. The contracts, CME's tenth single-asset crypto product, will cover 250 BCH, with 25 BCH micro versions. Grayscale also filed to convert its Bitcoin Cash Trust into a spot ETF for NYSE Arca listing, briefly pushing BCH's weekly gain past 50%. BSV rose roughly 20%, reaching an annual high near $21, with open interest in its derivatives climbing. The pattern echoes prior fork rallies, where smaller market capitalizations amplify price swings before gains fade. Spot Bitcoin ETFs drew $715 million in inflows on Sept. 22 despite Bitcoin's stalled price.