Crypto market update: Ether leads 24-hour declines
CoinGecko prices at Oct 22, 16:57 UTC show Ether fell 5.22% over 24 hours while all tracked cryptos recorded declines.
Where prices stand
Ether led the crypto declines, falling 5.22% over 24 hours to $2,377.31; XRP fell 4.41% to $1.3200, Solana fell 4.08% to $103.82 and Bitcoin fell 3.81% to $81,275.00. Over the past five sessions Ether is up 0.27%, Solana is up 0.99%, Bitcoin is up 0.96% and XRP is up 0.05%. Prices and moves are from CoinGecko as of Oct 22, 16:57 UTC.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $81,275.00 | +0.96% | -3.81% | Oct 22, 16:57 UTC | CoinGecko |
| Ether | $2,377.31 | +0.27% | -5.22% | Oct 22, 16:57 UTC | CoinGecko |
| Solana | $103.82 | +0.99% | -4.08% | Oct 22, 16:57 UTC | CoinGecko |
| XRP | $1.3200 | +0.05% | -4.41% | Oct 22, 16:57 UTC | CoinGecko |
Trend check
Trend metrics from the MarketAlleys Crypto desk show neutral status across all four names. RSI(14) readings are 52.6 for Bitcoin, 43.0 for Ether, 44.3 for Solana and 42.4 for XRP; Bitcoin's close (82943.83) sits above its SMA50 (81573.55) and longSMA (72645.07), while Ether's close (2446.49), Solana's close (106.39) and XRP's close (1.3343) are below their SMA50s (2549.92; 109.45; 1.4129 respectively) but above their longSMAs (2151.21; 87.84; 1.2796 respectively).
| Instrument | Close | SMA50 | Long SMA | RSI(14) | Trend status |
|---|---|---|---|---|---|
| Bitcoin | 82,943.83 | 81,573.55 | 72,645.07 | 52.6 | neutral |
| Ether | 2,446.49 | 2,549.92 | 2,151.21 | 43.0 | neutral |
| Solana | 106.39 | 109.45 | 87.84 | 44.3 | neutral |
| XRP | 1.3343 | 1.4129 | 1.2796 | 42.4 | neutral |
Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 21, 22:40 UTC); it is not a recommendation.
In the news
CoinDesk published three items: a news-analysis titled "Crypto is making a splash in U.S. elections — but chiefly in jabs about industry influence", a tech piece titled "Ethereum’s four-minute settlement plan could lower the cost of moving crypto" and a daybook titled "Crypto traders seek shelter in bitcoin as altcoins slide and ETF flows wobble". Yahoo published an item headlined "SoFi Launches Tokenized Deposit Paying 4.4% Yield, Linking Bank Savings to Stablecoin".
- Crypto is making a splash in U.S. elections — but chiefly in jabs about industry influence — CoinDesk, Oct 22, 13:00 UTC
- Ethereum’s four-minute settlement plan could lower the cost of moving crypto — CoinDesk, Oct 22, 12:14 UTC
- Crypto traders seek shelter in bitcoin as altcoins slide and ETF flows wobble — CoinDesk, Oct 22, 11:20 UTC
- SoFi Launches Tokenized Deposit Paying 4.4% Yield, Linking Bank Savings to Stablecoin — Yahoo, Oct 22, 13:48 UTC
Sources and data
- CoinDesk (secondary source) — Crypto is making a splash in U.S. elections — but chiefly in jabs about industry influence
- Yahoo (secondary source) — SoFi Launches Tokenized Deposit Paying 4.4% Yield, Linking Bank Savings to Stablecoin
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Oct 22, 17:00 UTC; report generated Oct 22, 17:00 UTC. All times are UTC. Each table row shows its own timestamp and provider.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.
Terms in this article
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Relative Strength Index (RSI)
A momentum oscillator, developed by J.
Moving average
The average price over a rolling window, plotted to smooth out noise.
MACD
A trend and momentum indicator calculated as the 12-period exponential moving average minus the 26-period EMA, plotted with a 9-period EMA of that difference as the signal line.
Altcoin
Any cryptocurrency other than bitcoin.
Sources & data
- CoinDesk (secondary, retrieved Oct 22, 2026, 05:02 PM UTC)
- Yahoo (secondary, retrieved Oct 22, 2026, 05:02 PM UTC)
- Finnhub (market-data, retrieved Oct 22, 2026, 05:02 PM UTC)
- CoinGecko (market-data, retrieved Oct 22, 2026, 05:02 PM UTC)
Market data as of Oct 22, 2026, 05:00 PM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
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