Crypto Markets See Minor Losses as Relative Calm Continues, Bitcoin Slips Below $6,500

Friday, Oct. 19: crypto markets are seeing minor losses across the board, as low volatility continues.

Bitcoin is down a little under percent on the day, and is trading at $6,470 as of press time.

On the week, Bitcoin is 2.7 percent in the green, and is also up just about 2 percent on the month.

The market's top altcoin Ethereum is trading at a round $200 as of press time, seeing a negligible price change of just a fraction of a percent on the day.

The second crypto by market cap saw a similarly sharp spike to Bitcoin on Oct. 15, reaching over $220, but has since corrected to trade range-bound between $205-210 over recent days, only just dipping to as low as $202 earlier today.

On the week, Ethereum is a solid 3.25 percent in the green; on the month the coin has lost about 2 percent.

Litecoin meanwhile has edged into the green, and is also up an above-average 1.48 percent on the day to press time.

Controversial stablecoin Tether continues to grow to reclaim its peg to the U.S. dollar, trading at around $0.98 and up about 1 percent on the day.

In the context of the top twenty coins, the 11th-20th ranked coins are all in the red, with losses capped within a slightly higher 4 percent range, though most losses are also very minor.

As meagre market momentum holds, crypto and blockchain-related merger and acquisition activity is reported to have surged by over 200 percent in 2018, with analysts suggesting that the so-called "Crypto winter" is being viewed as an opportune moment for institutions to make "Strategic" deals in the space.