Bitcoin rebounded weakly, risk appetite remains weak.

After touching a six and a half month low overnight, Bitcoin rebounded weakly as risk appetite remains low. Last week, concerns over valuations and a cooling expectation of a rate cut by the Federal Reserve in the next month led to a sell-off in tech stocks, hurting risk appetite. Investors are now focusing on the delayed September US non-farm payrolls report set to be released on Thursday. With the government back in operation, a significant amount of other official data is set to be released in succession. Data from the London Stock Exchange Group shows that Bitcoin rose by 2.4% to $95,717, after hitting a low of $92,988 overnight.