Skip to content
CoinDesk· Oliver Knight·· 12d ago

Bitcoin rebounds above $82,000 as stocks rise, led by DeFi token gains

Original source: CoinDeskRead original
AI brief

Bitcoin extended its rebound above $82,000 on Monday, trading around $82,500 and up 0.4% since midnight UTC, recovering from a dip to $80,700 over the weekend. The CoinDesk 80 index rose 0.9%, outpacing the CoinDesk 5, with all six DeFi index members higher and Arbitrum jumping 6.7%. Ether rose 0.75% to near $2,430. The rally followed a broad equity rebound, with Nasdaq 100 futures up over 1% after China's Q3 GDP growth of 4.5% beat expectations and oil prices eased. Total crypto futures volume surged 51% to $146 billion, though open interest grew only modestly, indicating traders were churning contracts without adding significant net exposure.

Source: CoinDesk · coindesk.com