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Crypto market update — Nov 6: XRP fell 9.15% as major tokens declined

According to CoinGecko, XRP led losses, falling 9.15% over 24 hours as bitcoin, ether and solana also declined; CoinDesk, Yahoo and Cointelegraph ran tax, outflow and security stories.

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Where prices stand

CoinGecko shows that as of Nov 6, 10:58 UTC, XRP fell 9.15% over 24 hours to $1.2000, the largest move; ether fell 7.40% to $2,237.36, solana fell 6.70% to $90.04, and bitcoin fell 5.15% to $76,084.00. Five-session changes were mixed on CoinGecko: ether +8.05%, bitcoin +4.10%, XRP +3.28% and solana -0.77%.

Instrument Last 5-session change Latest change As of Source
Bitcoin $76,084.00 +4.10% -5.15% Nov 6, 10:58 UTC CoinGecko
Ether $2,237.36 +8.05% -7.40% Nov 6, 10:58 UTC CoinGecko
Solana $90.04 -0.77% -6.70% Nov 6, 10:58 UTC CoinGecko
XRP $1.2000 +3.28% -9.15% Nov 6, 10:58 UTC CoinGecko

Trend check

MarketAlleys Crypto desk shows neutral trend status for all four tokens. Reported RSI(14) and moving-average positions: Bitcoin RSI(14) 50.7 with close 80442.71 vs SMA50 82007.78 and longSma 73186.85; Ether RSI(14) 54.1 with close 2423.08 vs SMA50 2506.82 and longSma 2156.97; Solana RSI(14) 37.0 with close 95.51 vs SMA50 108.58 and longSma 88.93; XRP RSI(14) 42.6 with close 1.2761 vs SMA50 1.3854 and longSma 1.2741.

Instrument Close SMA50 Long SMA RSI(14) Trend status
Bitcoin 80,442.71 82,007.78 73,186.85 50.7 neutral
Ether 2,423.08 2,506.82 2,156.97 54.1 neutral
Solana 95.51 108.58 88.93 37.0 neutral
XRP 1.2761 1.3854 1.2741 42.6 neutral

Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Nov 5, 22:40 UTC); it is not a recommendation.

In the news

CoinDesk reported that Greece approves 10% tax on crypto gains and 15% levy on DeFi income. Yahoo reported “Bitcoin Falls Below $76,000 as Chip Stocks Crash and Liquidations Hit $1 Billion.” Cointelegraph reported that Bitcoin and Ether ETFs posted $530M of outflows and separately covered exchanges touting cold-storage ratios after a Binance attack.

Sources and data

  • CoinDesk (secondary source) — Greece approves 10% tax on crypto gains and 15% levy on DeFi income
  • Yahoo (secondary source) — Bitcoin Falls Below $76,000 as Chip Stocks Crash and Liquidations Hit $1 Billion: Why Is Crypto Down Today?
  • Cointelegraph (secondary source) — Bitcoin, Ether ETFs post $530M outflows as election gains evaporate
  • Finnhub (market data) — market data
  • CoinGecko (market data) — market data

Market data as of Nov 6, 10:58 UTC; report generated Nov 6, 11:00 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.

    Full definitionLearn more in Index Insight

  • Relative Strength Index (RSI)

    A momentum oscillator, developed by J.

    Full definition

  • Moving average

    The average price over a rolling window, plotted to smooth out noise.

    Full definition

  • 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.

    Full definition

  • DeFi (decentralised finance)

    Financial services — trading, lending, borrowing — run by smart contracts on public blockchains rather than by banks or brokers.

    Full definitionLearn more in Crypto Canvas

Sources & data

  1. CoinDesk (secondary, retrieved Nov 6, 2026, 11:02 AM UTC)
  2. Yahoo (secondary, retrieved Nov 6, 2026, 11:02 AM UTC)
  3. Cointelegraph (secondary, retrieved Nov 6, 2026, 11:02 AM UTC)
  4. Finnhub (market-data, retrieved Nov 6, 2026, 11:02 AM UTC)
  5. CoinGecko (market-data, retrieved Nov 6, 2026, 11:02 AM UTC)

Market data as of Nov 6, 2026, 10:58 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.

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crypto

Crypto market update: XRP down 9.18%

XRP led losses among the tracked tokens as of Nov 6, 09:59 UTC; bitcoin, ether and solana also fell over 24 hours while five-session moves were mixed.

MarketAlleys Research Desk · · 2 min read