Bitcoin Cash drops 5.5% following CME contract announcement
Bitcoin Cash (BCH)
Editor:
Eugene Serbin
cryptoticker.io reports that Bitcoin Cash fell 5.49 percent to $335.19 on September 24, 2026, following a 49.96 percent weekly gain. The decline occurred after CME Group announced on September 22 that it would launch Bitcoin Cash and Uniswap derivatives on October 19, subject to regulatory review. Giovanni Vicioso stated that these contracts would allow clients to manage price risk and build exposure to these networks.
Standard Bitcoin Cash contracts cover 250 BCH, while micro contracts cover 25 BCH. CME cited an average daily notional value of roughly $8.3 billion for its crypto contracts in the first half of 2026. The pullback aligns with broader market weakness, as Bitcoin, Ethereum, XRP, and Cardano also lost ground.
The move reflects institutional interest rather than isolated selling, with the underlying asset trading significantly below its 2017 all-time high. Investors are advised to consider custody, leverage, and tax implications as the market digests the listing news.
How the market reacted
Whalio's own Binance spot order flow for BCH, measured when this story was written up on 24 September 2026. Not the outlet's figures.
Whalio spot data shows BCH trading at $337.50 with a 1-hour buy ratio of 48.8 percent and a 4-hour buy ratio of 54.5 percent. The 24-hour buy ratio stands at 48.1 percent, indicating that buying pressure is slightly weaker over the full day than in the shorter 4-hour window. Volume delta turned negative in the last hour at -$46,192, contrasting with a positive 4-hour delta of +$820,155. This suggests that immediate selling pressure has emerged after a period of net accumulation. The 24-hour volume delta of -$4,001,826 shows that sellers have overwhelmed buyers over the full day, despite a cumulative CVD of +$2,967,041. Net buying occurred in 16 of the last 24 hours, but the recent hour shows a shift toward distribution.
The latest daily buy ratio of 56.4% sits at the 86th percentile of the last 323 days, against a median of 50.8% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for BCH, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 52.1 percent, compared to a 3.9 point drop in the latest day's ratio. Weekly volume was 3.79 times the average, signaling intense activity during the rally. Price increased by 52.6 percent over eight days, with a total volume delta of +$6,272,874. This week shows six days of net buying out of seven, indicating a strong upward trend before the recent pullback. The current day is unusual due to the massive volume spike relative to the average, even as the buy ratio dipped slightly below the weekly norm.