Bitcoin, Korea’s Kospi and Nasdaq futures rally as China GDP beats estimates
Bitcoin, Nasdaq futures and Asian stocks rally as stronger-than-expected China GDP and falling oil prices lift risk appetite.
AI summary
Bitcoin rallied alongside Nasdaq futures and Asian equities, including Korea's Kospi, after China's GDP beat estimates and oil prices fell, lifting global risk appetite. The move reflects macro-driven correlation rather than crypto-specific news, with traders treating stronger Chinese growth and cheaper energy as supportive of risk assets. A trader would watch whether BTC holds these gains if the broader risk-on tone persists.
