MarketAlleys

Crypto market update: Solana leads declines

Solana posted the largest 24-hour drop among tracked tokens as CoinGecko prices showed broad weakness heading into the US session; CoinDesk and Cointelegraph headlines touched on exchange and app developments.

Illustration for: Crypto market update: Solana leads declines
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Where prices stand

CoinGecko shows, over 24 hours as of Nov 3, 06:59 UTC, Solana fell 3.12% to $91.43, the biggest move among the tracked tokens; Bitcoin fell 2.07% to $76,473.00; Ether fell 1.78% to $2,242.79; and XRP fell 0.16% to $1.2500. The four crypto listings were all lower on the 24-hour basis reported by CoinGecko at the time above.

Instrument Last 5-session change Latest change As of Source
Bitcoin $76,473.00 -3.10% -2.07% Nov 3, 06:59 UTC CoinGecko
Ether $2,242.79 -3.13% -1.78% Nov 3, 06:59 UTC CoinGecko
Solana $91.43 -6.64% -3.12% Nov 3, 06:59 UTC CoinGecko
XRP $1.2500 -4.31% -0.16% Nov 3, 06:59 UTC CoinGecko

Trend check

MarketAlleys trend signals are neutral for all four tokens. Bitcoin RSI(14) 39.6 with close 78293.84, SMA50 81928.70 and long SMA 73153.93; Ether RSI(14) 35.0 with close 2273.92, SMA50 2515.66 and long SMA 2157.84; Solana RSI(14) 29.2 with close 94.48, SMA50 108.95 and long SMA 88.85; XRP RSI(14) 37.1 with close 1.2505, SMA50 1.3925 and long SMA 1.2768.

Instrument Close SMA50 Long SMA RSI(14) Trend status
Bitcoin 78,293.84 81,928.70 73,153.93 39.6 neutral
Ether 2,273.92 2,515.66 2,157.84 35.0 neutral
Solana 94.48 108.95 88.85 29.2 neutral
XRP 1.2505 1.3925 1.2768 37.1 neutral

Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Nov 2, 22:41 UTC); it is not a recommendation.

In the news

CoinDesk reported that Binance has spent half its SAFU bitcoin, about $580 million worth; CoinDesk also reported Arbitrum’s council moved $30 million of Binance hack funds without the hacker’s key, and that bitcoin dropped below $77,000 as chip rout deepened ahead of the U.S. midterm vote. Cointelegraph reported Crypto.com will discontinue its consumer app services in Hong Kong in February next year.

Sources and data

  • CoinDesk (secondary source) — Binance has spent half its SAFU bitcoin, about $580 million worth, data shows
  • Cointelegraph (secondary source) — Crypto.com to withdraw Hong Kong consumer app citing regulatory changes
  • Finnhub (market data) — market data
  • CoinGecko (market data) — market data

Market data as of Nov 3, 06:59 UTC; report generated Nov 3, 07:00 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

Sources & data

  1. CoinDesk (secondary, retrieved Nov 3, 2026, 07:01 AM UTC)
  2. Cointelegraph (secondary, retrieved Nov 3, 2026, 07:01 AM UTC)
  3. Finnhub (market-data, retrieved Nov 3, 2026, 07:01 AM UTC)
  4. CoinGecko (market-data, retrieved Nov 3, 2026, 07:01 AM UTC)

Market data as of Nov 3, 2026, 06:59 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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