Crypto market update: Solana leads declines as Bitcoin edges higher
Solana recorded the biggest 24-hour move while CoinGecko prices for Bitcoin, Ether, Solana and XRP were little changed at the 07:00 UTC read.
Where prices stand
CoinGecko shows as of Oct 18, 06:58 UTC that Solana fell 1.18% to $103.56, the largest move among the tracked cryptos; XRP fell 1.02% to $1.2900; Ether fell 0.88% to $2,408.55; and Bitcoin rose 0.15% to $81,637.00 — all moves over 24 hours. These figures come from CoinGecko's price set at the stated time.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $81,637.00 | -2.59% | +0.15% | Oct 18, 06:58 UTC | CoinGecko |
| Ether | $2,408.55 | -4.50% | -0.88% | Oct 18, 06:58 UTC | CoinGecko |
| Solana | $103.56 | -6.23% | -1.18% | Oct 18, 06:58 UTC | CoinGecko |
| XRP | $1.2900 | -7.03% | -1.02% | Oct 18, 06:58 UTC | CoinGecko |
Trend check
MarketAlleys trend signals list Bitcoin, Ether, Solana and XRP as neutral. Bitcoin shows RSI(14) 46.5 with close 81523.66, SMA50 81253.74 and long SMA 72352.73; Ether shows RSI(14) 38.4 with close 2420.56, SMA50 2552.35 and long SMA 2144.57. Solana shows RSI(14) 38.6 with close 104.32 and SMA50 109.36, long SMA 87.37; XRP shows RSI(14) 36.3 with close 1.3100, SMA50 1.4186 and long SMA 1.2801.
| Instrument | Close | SMA50 | Long SMA | RSI(14) | Trend status |
|---|---|---|---|---|---|
| Bitcoin | 81,523.66 | 81,253.75 | 72,352.73 | 46.5 | neutral |
| Ether | 2,420.56 | 2,552.35 | 2,144.57 | 38.4 | neutral |
| Solana | 104.32 | 109.36 | 87.37 | 38.6 | neutral |
| XRP | 1.3100 | 1.4186 | 1.2801 | 36.3 | neutral |
Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 17, 22:40 UTC); it is not a recommendation.
In the news
CoinDesk reported a business article titled 'Circle defends USDC economics as stablecoin rivals court its partners with bigger cut' (Oct 18, 01:06 UTC). The story is available at https://www.coindesk.com/business/2026/10/17/circle-defends-usdc-economics-as-stablecoin-rivals-court-its-partners-with-bigger-cut.
- Circle defends USDC economics as stablecoin rivals court its partners with bigger cut — CoinDesk, Oct 18, 01:06 UTC
Sources and data
- CoinDesk (secondary source) — Circle defends USDC economics as stablecoin rivals court its partners with bigger cut
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Oct 18, 06:58 UTC; report generated Oct 18, 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.
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
- CoinDesk (secondary, retrieved Oct 18, 2026, 07:03 AM UTC)
- Finnhub (market-data, retrieved Oct 18, 2026, 07:03 AM UTC)
- CoinGecko (market-data, retrieved Oct 18, 2026, 07:03 AM UTC)
Market data as of Oct 18, 2026, 06:58 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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