Monday, Oct. 22: markets have taken a slight downtrend after trading sideways last week, with 15 of the top 20 digital currencies by market capitalization in the red, and Bitcoin (BTC) trading around $6,400, according to data from CoinMarketCap.
The BTC price has been trading in a narrow corridor from $6,372 to $6,730 at its highest point during the day. The leading cryptocurrency has lost 0.45 percent over the last 24 hours and is trading at $6,483 as of press time. In terms of its weekly performance, BTC has seen a price drop by 0.43 per cent, per Bitcoin Price Index.

Ethereum (ETH) has seen larger losses on the day, with a 6 percent drop and trading around $201 at press time. Its weekly chart shows that ETH fell to as low as $202 on Oct. 19, while its highest point was $212 on Oct.16, subsequently correcting downwards and then sideways in the last few days. The second largest coin is down over 1.5 percent during the last 7 days, with monthly losses over 16 percent.