Bitcoin Cash: 81 futures contracts, none with a term

Bitcoin Cash costs $294.31 on Wednesday morning, or 264.53 euros. The coin sits 4.4 percent above its level of 24 hours ago and 3.9 percent above its level of a week ago, according to CoinGecko in the night before October 28 at around 2am. That is a rarity this week: Bitcoin has given up 2.7 percent over the same period, Ether 4.3 percent. Anyone wanting the medium-term picture will find our running assessment in the Bitcoin Cash price prediction.

More interesting than the price this week, though, is where Bitcoin Cash is actually traded. Since October 19 there has been a futures contract at the CME in Chicago, so at a regulated US futures exchange. A count of the publicly visible futures markets shows, however, that this contract does not appear in the statistics most investors rely on. There, 81 Bitcoin Cash markets are listed, and every single one of them is a perpetual, meaning a contract with no expiry date.

Bitcoin Cash holds $294 and closes the week as one of the few top-25 assets in the green

The weekly high is $295.76, reached in the night before Wednesday, and the weekly low $269.97 on Saturday evening. The current price is therefore 0.8 percent below the weekly high and 8.7 percent above the weekly low. Over two weeks there is a gain of 7.4 percent, over 30 days a loss of 11.4 percent. Market capitalization is $5.92 billion, which puts Bitcoin Cash in 21st place among all cryptocurrencies. In circulation are 20.11 million of a maximum 21 million BCH.