Crypto market update, Friday, October 16, 2026: XRP fell 2.68%
XRP led declines while Bitcoin, Ether and Solana also fell; CoinGecko provided price and move data at Oct 16, 22:00 UTC.
Where prices stand
XRP led declines, falling 2.68% to $1.3100; Ether fell 1.89% to $2,414.72; Solana fell 1.80% to $104.13; and Bitcoin fell 0.99% to $81,612.00 — all moves are over 24 hours. CoinGecko provided these prices and moves at Oct 16, 22:00 UTC.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $81,612.00 | -1.16% | -0.99% | Oct 16, 22:00 UTC | CoinGecko |
| Ether | $2,414.72 | -2.66% | -1.89% | Oct 16, 22:00 UTC | CoinGecko |
| Solana | $104.13 | -4.47% | -1.80% | Oct 16, 22:00 UTC | CoinGecko |
| XRP | $1.3100 | -1.02% | -2.68% | Oct 16, 22:00 UTC | CoinGecko |
Trend check
MarketAlleys shows neutral trend status for the four instruments: Bitcoin (RSI(14) 46.7; close 81603.65; SMA50 81165.89; longSMA 72197.52), Ether (RSI(14) 37.7; close 2419.69; SMA50 2555.50; longSMA 2140.30), Solana (RSI(14) 37.6; close 104.19; SMA50 109.39; longSMA 87.14) and XRP (RSI(14) 41.6; close 1.3651; SMA50 1.4253; 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
Cointelegraph reported that at least two industry-aligned PACs have poured more than $52 million into opposing Sherrod Brown’s return to the Senate, and that Borderless.xyz data shows stablecoin remittances cost 84% less than traditional transfers and settle faster than international bank wires.
- Crypto PACs escalate spending against Sherrod Brown in Ohio Senate race — Cointelegraph, Oct 16, 17:30 UTC
- Stablecoin remittances cost 84% less than traditional transfers, report finds — Cointelegraph, Oct 16, 17:21 UTC
Sources and data
- Cointelegraph (secondary source) — Crypto PACs escalate spending against Sherrod Brown in Ohio Senate race
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Oct 16, 22:00 UTC; report generated Oct 16, 22:01 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.
Stablecoin
A token designed to hold a steady value, usually one US dollar.
Sources & data
- Cointelegraph (secondary, retrieved Oct 16, 2026, 10:02 PM UTC)
- Finnhub (market-data, retrieved Oct 16, 2026, 10:02 PM UTC)
- CoinGecko (market-data, retrieved Oct 16, 2026, 10:02 PM UTC)
Market data as of Oct 16, 2026, 10:00 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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