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Markets rally as China GDP beats estimates, boosting Bitcoin, Nasdaq futures, and Asian stocks.

Market News
18 Oct 2026
Coindesk
View Source
Bullish
Markets rally as China GDP beats estimates, boosting Bitcoin, Nasdaq futures, and Asian stocks.

Global markets rose sharply on Monday following stronger-than-expected Chinese economic data and falling oil prices, which increased investor risk appetite. Bitcoin traded near $82,500, Nasdaq futures gained over 1%, and major Asian indexes like Japan’s Nikkei and South Korea’s Kospi advanced after last week's tech sector losses. China's GDP grew 4.5% year-on-year in Q3, surpassing the previous quarter's 4.3%, while retail sales also exceeded forecasts, signaling robust domestic demand. The positive data and easing oil prices may ease inflation concerns and support steady Federal Reserve policy in the near term.

As of Oct 19, 2026 10:51 WIB, Bitcoin on Pluang trades at Rp1.485.870.044, up 1.39% in the last day, reflecting steady interest despite global market fluctuations. The platform shows a market cap of Rp29.920,45 trillion and a 24-hour trading volume of Rp364,67 trillion. Pluang users currently lean towards buying, with 59% of order activity on the buy side, and typical hold time is 111 days, highlighting a medium-term investment horizon.

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