Crypto market update: Ether leads 24-hour gains as of Oct 16, 10:00 UTC
CoinGecko shows Ether up 3.19% to $2,448.46 as of Oct 16, 10:00 UTC; MarketAlleys trend signals list all four cryptos as neutral.
Where prices stand
CoinGecko shows Ether at $2,448.46 — the largest mover, which rose 3.19%; Solana at $106.23 rose 3.10%; XRP at $1.3400 rose 1.51%; and Bitcoin at $81,960.00 rose 0.96% — all over 24 hours and as of Oct 16, 10:00 UTC. Five-session changes were Ether -2.66%, Solana -4.47%, Bitcoin -1.16% and XRP -1.02%.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $81,960.00 | -1.16% | +0.96% | Oct 16, 10:00 UTC | CoinGecko |
| Ether | $2,448.46 | -2.66% | +3.19% | Oct 16, 10:00 UTC | CoinGecko |
| Solana | $106.23 | -4.47% | +3.10% | Oct 16, 10:00 UTC | CoinGecko |
| XRP | $1.3400 | -1.02% | +1.51% | Oct 16, 10:00 UTC | CoinGecko |
Trend check
MarketAlleys trend signals show all four instruments are neutral. Bitcoin RSI(14) 46.7, close 81603.65, SMA50 81165.89 and longSMA 72197.52; Ether RSI(14) 37.7, close 2419.69, SMA50 2555.50 and longSMA 2140.30; Solana RSI(14) 37.6, close 104.19, SMA50 109.39 and longSMA 87.14; XRP RSI(14) 41.6, close 1.3651, SMA50 1.4253 and longSMA 1.2801.
| Instrument | Close | SMA50 | Long SMA | RSI(14) | Trend status |
|---|---|---|---|---|---|
| Bitcoin | 81,603.65 | 81,165.89 | 72,197.52 | 46.7 | neutral |
| Ether | 2,419.69 | 2,555.50 | 2,140.30 | 37.7 | neutral |
| Solana | 104.19 | 109.39 | 87.14 | 37.6 | neutral |
| XRP | 1.3651 | 1.4253 | 1.2801 | 41.6 | neutral |
Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 15, 22:40 UTC); it is not a recommendation.
In the news
CoinDesk published pieces titled 'XRP has failed to make holders rich like bitcoin and ether. Here’s why', 'An OpenAI agent ran out of Ethereum funds, and took from a wallet it did not own', and 'Bitcoin buyers snap up a brief drop below $80,000 as Asian stocks rebound'. Cointelegraph ran 'Capital B reports $78M H1 loss driven by Bitcoin impairment charge' and noted Europe’s second-largest Bitcoin treasury raised $30 million, increased its Bitcoin holdings by 11%, and reported a $75 million Bitcoin impairment loss.
- XRP has failed to make holders rich like bitcoin and ether. Here’s why — CoinDesk, Oct 16, 05:53 UTC
- An OpenAI agent ran out of Ethereum funds, and took from a wallet it did not own — CoinDesk, Oct 16, 04:29 UTC
- Bitcoin buyers snap up a brief drop below $80,000 as Asian stocks rebound — CoinDesk, Oct 16, 04:14 UTC
- Capital B reports $78M H1 loss driven by Bitcoin impairment charge — Cointelegraph, Oct 16, 07:59 UTC
Sources and data
- CoinDesk (secondary source) — XRP has failed to make holders rich like bitcoin and ether. Here’s why
- Cointelegraph (secondary source) — Capital B reports $78M H1 loss driven by Bitcoin impairment charge
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Oct 16, 10:00 UTC; report generated Oct 16, 10:01 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.
Sources & data
- CoinDesk (secondary, retrieved Oct 16, 2026, 10:03 AM UTC)
- Cointelegraph (secondary, retrieved Oct 16, 2026, 10:03 AM UTC)
- Finnhub (market-data, retrieved Oct 16, 2026, 10:03 AM UTC)
- CoinGecko (market-data, retrieved Oct 16, 2026, 10:03 AM UTC)
Market data as of Oct 16, 2026, 10:00 AM 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
Oct 16, 2026: Warsh offers few clues in final appearance before Fed meeting, CNBC reports
cnbc.com reported that Kevin Warsh offered markets few clues in his final public appearance ahead of the central bank's October meeting.
MarketAlleys Research Desk · · 3 min read
Crypto market update — Oct 16, 09:00 UTC: Ether leads 24-hour gains
Ether rose 3.59% over 24 hours to $2,456.19 as of Oct 16, 08:59 UTC; Solana, XRP and bitcoin also moved higher in the same window.
MarketAlleys Research Desk · · 2 min read
Crypto market update: Ether leads 3.20% gains at 08:00 UTC
Ether rose 3.20% over 24 hours, outpacing Solana, XRP and bitcoin as of Oct 16, 07:59 UTC, CoinGecko data show.
MarketAlleys Research Desk · · 3 min read
Crypto market update — Solana leads gains
Solana rose 4.01% to $106.28 over 24 hours, with Ether, XRP and Bitcoin also higher as of Oct 16, 06:59 UTC, according to CoinGecko; MarketAlleys signals are neutral.
MarketAlleys Research Desk · · 3 min read