Add as a preferred source on GoogleBitcoin Retreats Toward $82,000 After Briefly Topping $83,000
China’s third-quarter GDP growth exceeded forecasts, while U.S. stock indexes finished Oct. 19 with mixed results.
Bitcoin (BTC) retreated toward $82,000 by early evening ET on Oct. 19 after topping $83,000, while China’s growth beat forecasts and the technology-heavy Nasdaq Composite gained.
Bitcoin crossed $83,000 during Oct. 19 UTC trading but was back near $82,000 at 6:06 p.m. ET (22:06 UTC).
China’s economy expanded 4.5% from a year earlier in the third quarter, compared with 4.3% in the second quarter and a 4.4% pre-release forecast. The GDP figures were released at 10 p.m. ET on Oct. 18 (02:00 UTC Oct. 19), before the U.S. trading session.
At the 4 p.m. ET (20:00 UTC) close, the Nasdaq Composite stood at 26,430.89, up 1.1%. The S&P 500 gained 0.4%, while the Dow Jones Industrial Average fell 0.1%.
China’s headline growth figure came alongside weaker domestic measures. Total retail sales of consumer goods rose 1.1% year over year in September, while real estate development investment fell 20.6% year over year in January–September 2026.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.