Macro· ★★★· bullish·

Bitcoin holds near $82,000 as China's 4.5% GDP growth defuses Black Monday fears

  • —China's Q3 GDP grew 4.5% versus 4.4% expected; retail sales rose 1.1%
  • —VIX jumped 21.5% to 19.99 on Friday as the S&P 500 lost 1.1%
  • —Nikkei gained 1.8%, Kospi 0.6% and Nasdaq futures more than 1%
  • —Spot bitcoin ETFs saw about $910 million in net outflows over two weeks
Why it matters: Chinese macro data delayed a selloff, but ETF outflows and the Fed meeting on Oct 27-28 remain the key risks for crypto.
#BTC
Source: Journal du Coin
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