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The Commodity Futures Trading Commission (CFTC) on December 8th launched a pilot program allowing Bitcoin (BTC), Ethereum (ETH), and USDC to serve as collateral in regulated derivatives markets.

Bitcoin Cash price has remained above the $460 support level but below the $600 peak.

Bitcoin Cash (BCH) is moving sideways between the 21-day SMA resistance and the 50-day SMA support on the weekly chart.

The decline in Bitcoin Cash (BCH) has stalled above the $460 barrier, with the cryptocurrency moving sideways since September 22.

The price of Bitcoin Cash (BCH) has been confined to a range of $460 to $580 since October 10.

The price of Bitcoin Cash (BCH) is declining but trading sideways.

Bitcoin Cash (BCH) price has risen above the moving average lines but is stalling at the 50-day SMA.

These announcements reinforce the growing trend of public companies utilizing digital assets as a core treasury strategy.

Coinidol.com: Over the past week, Bitcoin Cash has traded above the $440 support level as its upward trend continues. BCH could fall as low as $265 if the $440 support is breached.