Crypto Markets See Mixed Signals While BCH and XLM Grow Significantly

Saturday, Nov. 3: crypto markets have seen mixed signals over the day, with most of the top 20 cryptocurrencies by market cap experiencing.

The major cryptocurrency is down around 0.4 percent over the past 24 hours and is trading at around $6,348 at press time.

The intraday high of Bitcoin's price has amounted to $6,400, while the lowest price point has constituted to $6,342.

The altcoin is down 0.4 percent over the past 24 hours, and is trading at $199.9 at press time.

Ripple, the third top cryptocurrency by market cap, is also slightly down as of press time, with its price decreasing by some 0.6 percent over a 24 hour period.

Total market capitalization amounts to around $206 billion at press time.

At press time, the coin is trading at around $482. Stellar, ranked sixth, is seeing the biggest growth among the top 20 cryptocurrencies by market cap, up around 3.8 percent over the past 24 hours and trading at around $0.24 at press time.

During October, the crypto markets have been frozen possibly in anticipation of the long-awaited decision on Bitcoin exchange-traded funds by the U.S. Securities and Exchange Commission, with Bitcoin hitting its record volatility low since mid-2017.

Considered by some to be the main driving force for the alleged upcoming crypto rally, the future of nine Bitcoin ETFs is likely to be defined soon, with the SEC officially setting up a deadline for reviewing proposed rule changes related to a series of applications to list and trade various Bitcoin ETFs by Monday, Nov. 5.

While ETF hype continues to grow, another part of the crypto industry associated with Initial Coin Offerings is likely to see some changes soon, with South Korea's government preparing to release its new official stance on the matter in November.