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Morning Edition · Monday, October 19, 2026Published at 1:41 AM EDT · New York
Bitcoin rises with Asian stocks after China's third-quarter growth beats forecasts, while ether funds lead weekly outflows
China reported 4.5% growth and oil prices fell, but US ether ETFs lost $320 million last week against $228 million for bitcoin funds, and Strategy spent nine times more buying back its preferred stock than buying bitcoin.
Bitcoin, Nasdaq futures and South Korea's Kospi index rallied in Asian trading after China reported stronger-than-expected growth and oil prices fell. China's economy grew 4.5% in the third quarter, beating expectations. The rise followed a…
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Dollar Liquidity Sets Crypto's Direction
Bank reserve levels and Treasury cash management increasingly determine crypto price direction more than crypto-native flows, tying digital assets to the same funding cycle as leveraged equities.
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