Crypto market update: Ether leads 24-hour declines on Thursday
Ether was the largest mover among major coins as bitcoin, Solana and XRP also fell; prices are shown as of Oct 22, 16:00 UTC.
Where prices stand
CoinGecko data show crypto prices as of Oct 22, 16:00 UTC. Ether fell 4.43% over 24 hours to $2,396.07, the biggest move among the four. XRP fell 4.30% over 24 hours to $1.3200. Solana fell 3.55% over 24 hours to $104.51. Bitcoin fell 3.39% over 24 hours to $81,578.00.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $81,578.00 | +0.96% | -3.39% | Oct 22, 16:00 UTC | CoinGecko |
| Ether | $2,396.07 | +0.27% | -4.43% | Oct 22, 16:00 UTC | CoinGecko |
| Solana | $104.51 | +0.99% | -3.55% | Oct 22, 16:00 UTC | CoinGecko |
| XRP | $1.3200 | +0.05% | -4.30% | Oct 22, 16:00 UTC | CoinGecko |
Trend check
Trend signals show a neutral status for all four coins. Bitcoin RSI(14) is 52.6 with the most recent close 82943.83, 50-day SMA 81573.55 and a longer SMA 72645.07; Ether RSI(14) is 43.0 with the most recent close 2446.49, 50-day SMA 2549.92 and a longer SMA 2151.21; Solana RSI(14) is 44.3 with the most recent close 106.39, 50-day SMA 109.45 and a longer SMA 87.84; XRP RSI(14) is 42.4 with the most recent close 1.3343, 50-day SMA 1.4129 and a longer SMA 1.2796.
| 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 recent headlines including "Crypto is making a splash in U.S. elections — but chiefly in jabs about industry influence", "Ethereum’s four-minute settlement plan could lower the cost of moving crypto", "Crypto traders seek shelter in bitcoin as altcoins slide and ETF flows wobble", and "Bitcoin slides below $82,000 as AI doubts return, with DeFi tokens leading declines".
- 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
- Bitcoin slides below $82,000 as AI doubts return, with DeFi tokens leading declines — CoinDesk, Oct 22, 10:50 UTC
Sources and data
- CoinDesk (secondary source) — Crypto is making a splash in U.S. elections — but chiefly in jabs about industry influence
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Oct 22, 16:02 UTC; report generated Oct 22, 16:02 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, 04:03 PM UTC)
- Finnhub (market-data, retrieved Oct 22, 2026, 04:03 PM UTC)
- CoinGecko (market-data, retrieved Oct 22, 2026, 04:03 PM UTC)
Market data as of Oct 22, 2026, 04:02 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.
Was this useful?
Report an issue with this article
Related coverage
Market update: GLD ETF down 2.55% as USO ETF rises
Per Finnhub, the GLD ETF led moves, falling 2.55% while the USO ETF rose 1.82%; the SPY ETF and UUP ETF also moved lower as of Oct 22, 19:00 UTC.
MarketAlleys Research Desk · · 3 min read
CNBC examines the Nasdaq rout and highlights market bright spots
CNBC's Investing Club published the Homestretch on Oct 22, an actionable afternoon update titled "The perfect storm behind the Nasdaq's rout — plus, some of the bright spots in the market."
MarketAlleys Research Desk · · 3 min read
Commodities update: WTI and Brent rise as SLV posts largest move
WTI and Brent rose while SLV and GLD fell; prices and moves are per Finnhub as of Oct 22, 19:00 UTC.
MarketAlleys Research Desk · · 3 min read
Crypto market update
Finnhub shows the four tracked tokens were lower as of Oct 22, 19:01 UTC, with XRP down 5.56% and bitcoin, ether and solana also falling from the prior close.
MarketAlleys Research Desk · · 2 min read