Crypto Markets See Hint of Green, Top Cryptos Keep Trading Sideways

Thursday, Nov. 1: crypto markets have seen a hint of green, with many of the top 20 cryptocurrencies seeing slight growth.

The slight growth in markets follows a recent sell off on Monday, when the price of Bitcoin dropped from $6,480 to as low as $6,344.

While 19 out of the top 20 cryptocurrencies by market capitalization have seen some growth today, almost all of them are still firmly in the red over the past 7 days.

The major cryptocurrency Bitcoin is up almost 0.9 percent over the past 24 hours, and is trading at $6,360 as of press time.

Ethereum, the second cryptocurrency by market cap, is seeing similar growth, up around 0.7 percent over the 24 hour period.

Ethereum is trading $198.70 at press time.

Ripple has seen more growth today, up 1.23 percent over the past 24 hours and trading at $0.453 at press time.

Following the overall trend on the market, the third top cryptocurrency by market cap saw some growth earlier in the day, increasing as high as $0.456.

According to the report, institutional investors are still considering crypto despite the persisting bear market this year.

On Oct. 31, CEO of major crypto derivatives platform BitMEX Arthur Hayes said he believes that "Crypto winter" could last for as long as 18 months, "Based on previous experience" of low volatility and trading volumes.