Crypto market update: Solana leads declines as Bitcoin sits near $77,258
Solana fell 2.05% over 24 hours while Ether rose; prices are shown as of Oct 31, 08:59 UTC for the crypto instruments.
Where prices stand
Where prices stand As of Oct 31, 08:59 UTC, Solana fell 2.05% over 24 hours to $95.25; Bitcoin fell 0.86% to $77,258.00; XRP fell 0.81% to $1.2400; and Ether rose 0.58% to $2,239.36. Five-session changes show Solana down 6.64%, Ether down 4.54%, XRP down 4.82% and Bitcoin down 3.68% from prior sessions.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $77,258.00 | -3.68% | -0.86% | Oct 31, 08:59 UTC | CoinGecko |
| Ether | $2,239.36 | -4.54% | +0.58% | Oct 31, 08:59 UTC | CoinGecko |
| Solana | $95.25 | -6.64% | -2.05% | Oct 31, 08:59 UTC | CoinGecko |
| XRP | $1.2400 | -4.82% | -0.81% | Oct 31, 08:59 UTC | CoinGecko |
Trend check
Trend check All four cryptocurrencies display a neutral trend status. RSI(14) readings are 36.0 for Bitcoin, 30.6 for Ether, 29.4 for Solana and 34.0 for XRP; Bitcoin’s close $77838.81 sits below its SMA50 $81887.30 and above its long-term SMA $73106.51, Ether’s close $2249.48 sits below its SMA50 $2529.80 and above its long-term SMA $2159.29, Solana’s close $95.47 sits below its SMA50 $109.28 and above its long-term SMA $88.69, and XRP’s close $1.2357 sits below its SMA50 $1.3962 and below its long-term SMA $1.2780.
| Instrument | Close | SMA50 | Long SMA | RSI(14) | Trend status |
|---|---|---|---|---|---|
| Bitcoin | 77,838.81 | 81,887.30 | 73,106.51 | 36.0 | neutral |
| Ether | 2,249.48 | 2,529.80 | 2,159.29 | 30.6 | neutral |
| Solana | 95.47 | 109.28 | 88.69 | 29.4 | neutral |
| XRP | 1.2357 | 1.3962 | 1.2780 | 34.0 | neutral |
Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 30, 22:41 UTC); it is not a recommendation.
In the news
In the news CoinDesk reported an article titled "Bitcoin stolen from Binance tops Tesla’s holdings and is over twice El Salvador’s reserve."
- Bitcoin stolen from Binance tops Tesla’s holdings and is over twice El Salvador’s reserve — CoinDesk, Oct 31, 05:01 UTC
Sources and data
- CoinDesk (secondary source) — Bitcoin stolen from Binance tops Tesla’s holdings and is over twice El Salvador’s reserve
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Oct 31, 08:59 UTC; report generated Oct 31, 09:00 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.
Sources & data
- CoinDesk (secondary, retrieved Oct 31, 2026, 09:01 AM UTC)
- Finnhub (market-data, retrieved Oct 31, 2026, 09:01 AM UTC)
- CoinGecko (market-data, retrieved Oct 31, 2026, 09:01 AM UTC)
Market data as of Oct 31, 2026, 08:59 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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