Bitcoin, Korea’s Kospi and Nasdaq futures rally as China GDP beats estimates
Summary
Major global risk assets experienced upward momentum following the release of stronger-than-expected economic growth data from China. Lower oil prices also contributed to improved market sentiment, lifting cryptocurrency prices, regional equities, and United States stock index futures.
Bitcoin, Nasdaq futures and Asian stocks rally as stronger-than-expected China GDP and falling oil prices lift risk appetite.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.