Bitcoin, Nasdaq Futures, and Asian Stocks Rally as China's Q3 GDP Beats Estimates
Bitcoin, Nasdaq futures, and Asian stocks, including Korea's Kospi and Japan's Nikkei, rallied on Monday as stronger-than-expected China's Q3 GDP data and falling oil prices boosted investor risk appetite. China's GDP grew 4.5% year-on-year in the third quarter, surpassing the 4.3% pace of the second quarter, according to data released by the National Bureau of Statistics. Retail sales also rose 1.1%, more than double the expected 0.5% increase.
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