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.
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- Global markets rallied Monday as stronger Chinese economic data and lower oil prices revived investors’ appetite for risk.
- Bitcoin traded near $82,500, while Nasdaq futures gained more than 1% and major Asian stock indexes advanced after last week’s technology-led losses.
- China’s economy grew 4.5% from a year earlier in the third quarter, while retail sales exceeded expectations and signaled stronger domestic demand.
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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters:
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
