Crypto market update: Solana and XRP lead declines
CoinGecko shows declines across Bitcoin, Ether, Solana and XRP as of Oct 29, 21:59 UTC, with Solana and XRP posting the largest 24-hour drops.
Where prices stand
CoinGecko shows XRP at $1.2500, which fell 5.79% over 24 hours; Solana at $97.55, which fell 5.07% over 24 hours; Ether at $2,274.12, which fell 3.79% over 24 hours; and Bitcoin at $78,979.00, which fell 2.85% over 24 hours, all as of Oct 29, 21:59 UTC. Five-session changes ranged from +0.05% for XRP to -2.26% for Solana, with Bitcoin at -0.65% and Ether at -1.64%.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $78,979.00 | -0.65% | -2.85% | Oct 29, 21:59 UTC | CoinGecko |
| Ether | $2,274.12 | -1.64% | -3.79% | Oct 29, 21:59 UTC | CoinGecko |
| Solana | $97.55 | -2.26% | -5.07% | Oct 29, 21:59 UTC | CoinGecko |
| XRP | $1.2500 | +0.05% | -5.79% | Oct 29, 21:59 UTC | CoinGecko |
Trend check
The MarketAlleys Crypto desk shows neutral trend status across Bitcoin, Ether, Solana and XRP, with RSI(14) at 45.4 for Bitcoin, 37.5 for Ether, 36.5 for Solana and 42.4 for XRP. For each coin, the last close was below the 50-day SMA and above the longer SMA.
| Instrument | Close | SMA50 | Long SMA | RSI(14) | Trend status |
|---|---|---|---|---|---|
| Bitcoin | 80,800.83 | 81,839.72 | 73,029.36 | 45.4 | neutral |
| Ether | 2,347.32 | 2,536.71 | 2,158.62 | 37.5 | neutral |
| Solana | 101.20 | 109.43 | 88.54 | 36.5 | 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 28, 22:40 UTC); it is not a recommendation.
In the news
CNBC reported the headline "Rare Stanley Druckenmiller post sends crypto-linked stock surging." CoinDesk reported three items: "KuCoin exits Russia and Belarus as crypto exchanges withdraw from Western-sanctioned markets", "From rivals to partners: Polygon and Solana team to bring stablecoin payments to banks", and "Crypto exchange HTX exits the UK after settling with the FCA."
- Rare Stanley Druckenmiller post sends crypto-linked stock surging — CNBC, Oct 29, 18:53 UTC
- KuCoin exits Russia and Belarus as crypto exchanges withdraw from Western-sanctioned markets — CoinDesk, Oct 29, 16:51 UTC
- From rivals to partners: Polygon and Solana team to bring stablecoin payments to banks — CoinDesk, Oct 29, 16:35 UTC
- Crypto exchange HTX exits the UK after settling with the FCA — CoinDesk, Oct 29, 16:11 UTC
Sources and data
- CNBC (secondary source) — Rare Stanley Druckenmiller post sends crypto-linked stock surging
- CoinDesk (secondary source) — KuCoin exits Russia and Belarus as crypto exchanges withdraw from Western-sanctioned markets
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Oct 29, 21:59 UTC; report generated Oct 29, 22:00 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.
Stablecoin
A token designed to hold a steady value, usually one US dollar.
Sources & data
- CNBC (secondary, retrieved Oct 29, 2026, 10:02 PM UTC)
- CoinDesk (secondary, retrieved Oct 29, 2026, 10:02 PM UTC)
- Finnhub (market-data, retrieved Oct 29, 2026, 10:02 PM UTC)
- CoinGecko (market-data, retrieved Oct 29, 2026, 10:02 PM UTC)
Market data as of Oct 29, 2026, 09:59 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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