DeFi tokens lead crypto higher as Nasdaq futures rebound and China GDP beats estimates

DeFi tokens lead crypto higher as Nasdaq futures rebound and China GDP beats estimates

Summary

Bitcoin traded near $82,500, up about 0.5% since midnight UTC and rebounding from Sunday’s low near $80,700. Ether rose 0.75% to around $2,430, while broader altcoins and DeFi benchmarks gained more than bitcoin-focused indexes. The recovery followed a weak week for U.S. technology stocks, as Nasdaq futures rose alongside Asian markets after China’s GDP growth beat expectations and oil prices eased. Meta and Tesla earnings were due later in the week.