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#China GDP

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Bitcoin Rises to $82,500 as Chinese Economic Data Moves Markets
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Bitcoin Rises to $82,500 as Chinese Economic Data Moves Markets

Key Highlights China’s gross domestic product (GDP) expanded by 4.5 percent year-on-year in the third quarter, surpassing second-quarter growth and boosting global risk appetite. Chinese retail sales climbed 1.1 percent, outpacing consensus estimates of 0.5 percent and indicating resilient domestic consumer demand. Easing crude oil prices and steady monetary policy expectations for the U.S. Federal ...

Bitcoin, Kospi and Nasdaq Futures Rally as China’s GDP Beats Estimates
Coins•

Bitcoin, Kospi and Nasdaq Futures Rally as China’s GDP Beats Estimates

Key Highlights: Global equities and crypto markets advanced on Monday, buoyed by stronger-than-expected economic growth figures from China and softening crude oil prices. Bitcoin traded near $82,500, while Nasdaq futures climbed over 1%, recovering from a prior-week slump triggered by declines in artificial intelligence stocks. China’s National Bureau of Statistics reported a 4.5% year-on-year GDP ...