Bitcoin, Nasdaq futures rally as China GDP beats estimates

Bitcoin traded near $82,500, up 0.7% since midnight UTC, while Nasdaq futures rose more than 1% and South Korea's Kospi advanced 0.6% on Monday. China's economy grew 4.5% year-on-year in the third quarter, faster than the previous quarter's 4.3% pace. Retail sales exceeded expectations, rising 1.1% year-on-year, doubling the 0.5% forecast. The upbeat Chinese economic data and lower oil prices revived investor risk appetite, lifting major Asian stock indexes and cryptocurrency markets after last week's technology-led losses.