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.
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- 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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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.
