Slight Slump in Markets Continues, Ethereum Trades Below $200

Tuesday, Oct. 30: Crypto markets are mostly trading sideways after the recent drop-off that took place on Monday, Oct. 29.

The top 20 cryptocurrencies by market cap are seeing mixed signals with insufficient fluctuations, with total market capitalization hovering around $203 billion.

After dipping below the $6,400 threshold yesterday, Bitcoin has been trading around $6,330 for the most part of the day.

As of press time, the major cryptocurrency is slightly down 0.13 percent, and is trading at $6,299, with an intraday high of $6,364.

Ethereum is down around 0.27 percent over the past 24 hours, trading at $196 at press time.

The second cryptocurrency by market cap dipped below the $200 price point yesterday, and has since been hovering around the same levels.

In contrast, Ripple, the third top cryptocurrency by market cap, has seen a slight rebound after yesterday's sell-off.

At press time, the coin is up around 0.6 percent, and is trading at $0.442.

After dropping to as low as $201 billion yesterday, total market cap has been hovering around $203 billion for the most part of the day, amounting to $202.8 billion at press time.

The recent drop-off in crypto markets is in line with a number of the industry-related events that took place on Monday, Oct. 29.