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Crypto market update Nov 6: XRP leads 24-hour declines

XRP registered the largest 24-hour drop among tracked cryptos as of Nov 6, 07:59 UTC; five-session moves were mixed across the group.

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Where prices stand

As of Nov 6, 07:59 UTC, over 24 hours, according to CoinGecko, XRP fell 9.81% to $1.1800, Ether fell 7.81% to $2,226.78, Solana fell 6.55% to $89.57 and Bitcoin fell 5.96% to $75,526.00. Five-session changes were mixed: Ether is +8.05% and Bitcoin is +4.10%, while XRP is +3.28% and Solana is -0.77%.

Instrument Last 5-session change Latest change As of Source
Bitcoin $75,526.00 +4.10% -5.96% Nov 6, 07:59 UTC CoinGecko
Ether $2,226.78 +8.05% -7.81% Nov 6, 07:59 UTC CoinGecko
Solana $89.57 -0.77% -6.55% Nov 6, 07:59 UTC CoinGecko
XRP $1.1800 +3.28% -9.81% Nov 6, 07:59 UTC CoinGecko

Trend check

MarketAlleys Crypto desk shows all four instruments as neutral on trend signals. Bitcoin has RSI(14) 50.7 with last close 80442.71, 50-day SMA 82007.78 and long SMA 73186.85; Ether has RSI(14) 54.1 with last close 2423.08, 50-day SMA 2506.82 and long SMA 2156.97. Solana's RSI(14) is 37.0 with last close 95.51, 50-day SMA 108.58 and long SMA 88.93; XRP's RSI(14) is 42.6 with last close 1.2761, 50-day SMA 1.3854 and long SMA 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

Cointelegraph reported a secondary story on exchanges' cold storage ratios after the Binance attack, saying Coinbase says it keeps more than 99% of customer assets offline and Gate reports 88.26% of its total assets are kept in cold storage (https://cointelegraph.com/news/binance-hack-puts-crypto-exchanges-cold-wallet-ratio-under-spotlight?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound).

Sources and data

  • Cointelegraph (secondary source) — Crypto exchanges tout cold storage ratios after Binance attack
  • Finnhub (market data) — market data
  • CoinGecko (market data) — market data

Market data as of Nov 6, 07:59 UTC; report generated Nov 6, 08:00 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

  • Crypto wallet

    Software or a hardware device that stores the private keys controlling crypto holdings.

    Full definitionLearn more in Crypto Canvas

Sources & data

  1. Cointelegraph (secondary, retrieved Nov 6, 2026, 08:03 AM UTC)
  2. Finnhub (market-data, retrieved Nov 6, 2026, 08:03 AM UTC)
  3. CoinGecko (market-data, retrieved Nov 6, 2026, 08:03 AM UTC)

Market data as of Nov 6, 2026, 07:59 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