Bitcoin Trades Above $82,000 as Nasdaq 100 Futures Rise

Bitcoin (BTC) traded near $82,800 early Monday, up about 1.5% in 24 hours, as U.S. stock futures recovered from the prior week’s selloff and crypto indexes advanced.

BTC was above $82,000 in the Monday snapshot, following a weekend pullback below $82,000. Ether (ETH) traded near $2,430. An index tracking 80 liquid crypto assets outside the top-20 benchmark and a DeFi index each rose about 1.6% over 24 hours. Arbitrum (ARB) climbed about 8% to $0.20, while Uniswap (UNI) gained about 2% to $7.39.

Nasdaq 100 futures rose 1.3% in an earlier Monday snapshot. The Nasdaq Composite fell 4.5% during the week ended Oct. 16.

China’s third-quarter gross domestic product grew 4.5% from a year earlier, up from 4.3% in the second quarter. The figures were released at 10 p.m. ET Oct. 18 (02:00 UTC Oct. 19).

Separately, Arbitrum announced a stablecoin growth program on Oct. 15 with a 2 million ARB reward pool. Each of the first 10 qualifying teams to reach a 30-day average of $10 million in Global Dollar (USDG) total value locked (TVL) can receive 200,000 ARB.