Crypto Markets See Slight Rebound, Bitcoin Trades Above $6,500 Again

Sunday, Oct. 21: crypto markets have seen a slight rebound today, with 19 out of the 20 top cryptocurrencies by market cap in the green, and Bitcoin back to trading above $6,500, according to CoinMarketCap.

Most of the top 20 cryptocurrencies have seen a slight growth within 0.5 and 2 percent, while Bitcoin Cash and NEM have seen more gains today, up 2.4 and 4.5 percent over the past 24 hours respectively.

Bitcoin has seen growth within the day, up almost 1 percent over the past 24 hours, and having been trading above $6,500 for most of the day.

The major cryptocurrency is trading at $6,539 at press time, which constitutes 3.2 percent growth over the past 7 days.

Ethereum, the second largest cryptocurrency by market cap, is also up almost 1 percent over a 24 hour period and trading at around $207 at press time.

After having dipped to as low as $195 on Oct. 14, the major altcoin has seen a rebound of 3.7 percent over the past 7 days.

The third top cryptocurrency by market cap has seen more progress than most of top 20 coins by market cap, up around 10 percent over the past 7 days.

Total market capitalization has seen a slight influx over the day, up from $209 billion to $210 billion at press time.

Since the rebound that followed the drop-off of crypto markets to as low as $199 billion on Oct. 14, the market cap has been remaining stable, hovering around $210 billion over the week.

Bitcoin trading group Whalepool have claimed that Bitcoin's volatility is "Unfairly" low in their tweet from Oct. 21, pointing to the BTC/USD volatility chart.