Bitcoin: Bears Let Off Steam But Went No Further

Market picture Bitcoin has rebounded 3% in the last 24 hours to $19.3K. On Wednesday, it updated 2.5-month lows just above $18.5K before getting buyers' support. Ethereum almost bounced back from its last dip, adding 8% to $1640. The entire crypto market has added 4.5% to $980bn over the past day, according to CoinMarketCap. The Fear and Greed Index fell to 20 by early Thursday, the lower bound of this index since July. In the US session, the first cryptocurrency was able to turn to the upside, following equities and the general feeling that the worst moment of the sell-off…