MarketAlleys

Crypto market update: Solana leads declines as bitcoin and ether gain

CoinGecko shows mixed moves at Nov 2, 06:04 UTC: Solana was the largest decliner while bitcoin and ether advanced; MarketAlleys Crypto desk reports neutral trend signals for the four tracked coins.

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Where prices stand

CoinGecko shows Solana fell 1.04% over 24 hours to $94.66, the largest move among the tracked crypto; Bitcoin rose 0.65% over 24 hours to $78,307.00; Ether rose 0.91% over 24 hours to $2,288.01; and XRP was little changed over 24 hours at $1.2500, all as of Nov 2, 06:04 UTC. Over five sessions CoinGecko shows Solana -5.30%, Bitcoin -3.19%, Ether -2.87% and XRP -4.31%.

Instrument Last 5-session change Latest change As of Source
Bitcoin $78,307.00 -3.19% +0.65% Nov 2, 06:04 UTC CoinGecko
Ether $2,288.01 -2.87% +0.91% Nov 2, 06:04 UTC CoinGecko
Solana $94.66 -5.30% -1.04% Nov 2, 06:04 UTC CoinGecko
XRP $1.2500 -4.31% -0.03% Nov 2, 06:04 UTC CoinGecko

Trend check

MarketAlleys Crypto desk shows neutral status for all four names. RSI(14) readings are 35.6 for Bitcoin (close 77474.08; SMA50 81906.08; long SMA 73136.10), 32.0 for Ether (close 2254.13; SMA50 2520.69; long SMA 2158.27), 30.5 for Solana (close 95.42; SMA50 109.10; long SMA 88.80) and 37.1 for XRP (close 1.2505; SMA50 1.3925; long SMA 1.2768).

Instrument Close SMA50 Long SMA RSI(14) Trend status
Bitcoin 77,474.08 81,906.08 73,136.10 35.6 neutral
Ether 2,254.13 2,520.69 2,158.27 32.0 neutral
Solana 95.42 109.10 88.80 30.5 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 1, 22:41 UTC); it is not a recommendation.

In the news

Cointelegraph reported the Bank of Korea is surveying 31 financial institutions on exposure to crypto risks. Forexlive published a Bitcoin forecast titled "Bitcoin forecast today: The rebound looks better, but $79,000 is the real test." Cointelegraph also reported THORChain halted swaps after a block reorg bug, pausing swaps involving assets on 10 networks including Bitcoin, Ethereum, Solana and Tron.

Sources and data

  • Cointelegraph (secondary source) — Bank of Korea probes financial firms’ exposure to crypto risks
  • Forexlive (secondary source) — Bitcoin forecast today: The rebound looks better, but $79,000 is the real test
  • Finnhub (market data) — market data
  • CoinGecko (market data) — market data

Market data as of Nov 2, 06:04 UTC; report generated Nov 2, 06:02 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. Cointelegraph (secondary, retrieved Nov 2, 2026, 06:06 AM UTC)
  2. Forexlive (secondary, retrieved Nov 2, 2026, 06:06 AM UTC)
  3. Finnhub (market-data, retrieved Nov 2, 2026, 06:06 AM UTC)
  4. CoinGecko (market-data, retrieved Nov 2, 2026, 06:06 AM UTC)

Market data as of Nov 2, 2026, 06:04 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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