Crypto market update Oct 23: XRP leads losses as Bitcoin near $81,488
CoinGecko shows XRP fell 2.28% over 24 hours to $1.3200, while Ether, Bitcoin and Solana also declined as of Oct 23, 05:00 UTC.
Where prices stand
XRP led losses, falling 2.28% over 24 hours to $1.3200, followed by Ether, which fell 2.23% to $2,391.26; Bitcoin fell 1.65% to $81,488.00 and Solana fell 1.56% to $103.88 — all over 24 hours as of Oct 23, 05:00 UTC, according to CoinGecko. Five-session changes remained positive for Bitcoin (+3.14%), Solana (+2.51%) and Ether (+2.15%), while XRP showed a five-session change of +0.05%.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $81,488.00 | +3.14% | -1.65% | Oct 23, 04:59 UTC | CoinGecko |
| Ether | $2,391.26 | +2.15% | -2.23% | Oct 23, 04:59 UTC | CoinGecko |
| Solana | $103.88 | +2.51% | -1.56% | Oct 23, 04:59 UTC | CoinGecko |
| XRP | $1.3200 | +0.05% | -2.28% | Oct 23, 04:59 UTC | CoinGecko |
Trend check
MarketAlleys shows neutral status across the four coins. RSI(14) readings are 57.0 for Bitcoin, 46.1 for Ether, 45.6 for Solana and 42.4 for XRP; reported closes and moving averages are Bitcoin close 84082.27 with SMA50 81706.86 and long SMA 72730.10, Ether close 2472.68 with SMA50 2551.02 and long SMA 2153.32, Solana close 106.94 with SMA50 109.59 and long SMA 87.97, and XRP close 1.3343 with SMA50 1.4129 and long SMA 1.2796.
| Instrument | Close | SMA50 | Long SMA | RSI(14) | Trend status |
|---|---|---|---|---|---|
| Bitcoin | 84,082.27 | 81,706.86 | 72,730.10 | 57.0 | neutral |
| Ether | 2,472.68 | 2,551.02 | 2,153.32 | 46.1 | neutral |
| Solana | 106.94 | 109.59 | 87.97 | 45.6 | 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 22, 22:40 UTC); it is not a recommendation.
In the news
CoinDesk published 'Bitcoin, gold trim early losses as yen gives up gains. Oil stays near $100'. Forexlive published 'HSBC’s RedCoin stablecoin goes live in Hong Kong: what the launch answers, and what it still doesn’t' and 'What is blockchain finality? Why Bitcoin, Ethereum and Solana settle at very different speeds'. Cointelegraph published 'Switzerland approves first spot Bitcoin ETF for retail investors'.
- Bitcoin, gold trim early losses as yen gives up gains. Oil stays near $100 — CoinDesk, Oct 23, 03:13 UTC
- HSBC’s RedCoin stablecoin goes live in Hong Kong: what the launch answers, and what it still doesn’t — Forexlive, Oct 23, 02:52 UTC
- Switzerland approves first spot Bitcoin ETF for retail investors — Cointelegraph, Oct 23, 00:59 UTC
- What is blockchain finality? Why Bitcoin, Ethereum and Solana settle at very different speeds — Forexlive, Oct 23, 00:55 UTC
Sources and data
- CoinDesk (secondary source) — Bitcoin, gold trim early losses as yen gives up gains. Oil stays near $100
- Forexlive (secondary source) — HSBC’s RedCoin stablecoin goes live in Hong Kong: what the launch answers, and what it still doesn’t
- Cointelegraph (secondary source) — Switzerland approves first spot Bitcoin ETF for retail investors
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Oct 23, 04:59 UTC; report generated Oct 23, 05:00 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.
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.
Gold (XAU)
A precious metal held as a store of value, a hedge against currency debasement and a safe haven, as well as used in jewellery and industry.
Sources & data
- CoinDesk (secondary, retrieved Oct 23, 2026, 05:01 AM UTC)
- Forexlive (secondary, retrieved Oct 23, 2026, 05:01 AM UTC)
- Cointelegraph (secondary, retrieved Oct 23, 2026, 05:01 AM UTC)
- Finnhub (market-data, retrieved Oct 23, 2026, 05:01 AM UTC)
- CoinGecko (market-data, retrieved Oct 23, 2026, 05:01 AM UTC)
Market data as of Oct 23, 2026, 04:59 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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