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Bitcoin rebounds above $82,000 as DeFi tokens lead altcoin gains amid positive China GDP data

Market News
19 Oct 2026
Coindesk
View Source
Bullish
Bitcoin rebounds above $82,000 as DeFi tokens lead altcoin gains amid positive China GDP data

Bitcoin extended its rebound, trading around $82,500 after dipping below $80,000 earlier in the week, supported by stronger-than-expected Chinese GDP growth and a rebound in Nasdaq futures. DeFi tokens outperformed, with all six members of the DeFi index rising and Arbitrum surging 6.7%, reflecting renewed investor interest. Despite a rough week for U.S. tech stocks, the crypto market showed resilience with increased futures trading volume and balanced long-short positions, though gains remain fragile. Upcoming earnings reports from Meta and Tesla, along with easing oil prices, could further influence market sentiment.

Bitcoin trades at Rp1.483.031.398 on Pluang as of Oct 19, 2026 17:42 WIB, up 0.65% in one day. Arbitrum leads DeFi tokens with a 6.76% gain, priced at Rp3.521. Arbitrum's market cap stands at Rp24,35T with strong buying interest at 76% on Pluang.

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