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Bitcoin extends bounce above $82,000 as stocks rebound, DeFi tokens lead altcoin gains

Bitcoin rose 0.8% to around $82,700 as China’s GDP beat estimates and Nasdaq futures rebounded, while the CoinDesk 80 gained 1.3% and DeFi led gains.

Bitcoin extends bounce above $82,000 as stocks rebound, DeFi tokens lead altcoin gains
3 min read
DeFi leads the way (CoinDesk data)
DeFi leads the way (CoinDesk data)
Summary
  • Bitcoin traded around $82,500, up about 0.4% since midnight UTC, extending a rebound from Sunday’s dip to roughly $80,700.
  • The CoinDesk 80 gained 0.9%, triple the CoinDesk 5’s 0.e5% rise, with all six members of the DeFi index higher and arbitrum adding 6.7%.
  • Nasdaq 100 futures rose more than 1% and Asian stocks advanced after China’s third-quarter GDP growth beat expectations and oil prices eased.
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