Crypto market update: Solana led losses as bitcoin traded near $77,386
CoinGecko shows Solana fell 1.58% over 24 hours and led declines as of Nov 2, 15:59 UTC; Bitcoin, Ether and XRP posted mixed moves while CoinDesk published several crypto headlines including a Coinbase downgrade.
Where prices stand
CoinGecko shows over 24 hours that Solana fell 1.58% to $93.23 and led losses; Bitcoin fell 0.72% to $77,386.00. Ether rose 0.21% to $2,269.97 and XRP fell 0.22% to $1.2500, all as of Nov 2, 15:59 UTC.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $77,386.00 | -3.19% | -0.72% | Nov 2, 15:59 UTC | CoinGecko |
| Ether | $2,269.97 | -2.87% | +0.21% | Nov 2, 15:59 UTC | CoinGecko |
| Solana | $93.23 | -5.30% | -1.58% | Nov 2, 15:59 UTC | CoinGecko |
| XRP | $1.2500 | -4.31% | -0.22% | Nov 2, 15:59 UTC | CoinGecko |
Trend check
MarketAlleys category desk shows all four instruments as neutral. Bitcoin RSI(14) 35.6 with close 77474.08, SMA50 81906.08 and longSma 73136.10; Ether RSI(14) 32.0 with close 2254.13, SMA50 2520.69 and longSma 2158.27; Solana RSI(14) 30.5 with close 95.42, SMA50 109.10 and longSma 88.80; XRP RSI(14) 37.1 with close 1.2505, SMA50 1.3925 and longSma 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
CoinDesk reported that Morgan Stanley downgraded Coinbase and cut a price target by 53%. CoinDesk also reported an XRP Ledger fix for a potential minting flaw, a piece on bitcoin’s ‘volatility curve’ midterm bump, and that there is no proof of AI in the North Korean hackers’ move of stolen Binance funds.
- Coinbase downgraded at Morgan Stanely; price target slashed 53% on weak earnings outlook — CoinDesk, Nov 2, 14:29 UTC
- XRP Ledger set to fix flaw that could let stablecoin partners print new tokens — CoinDesk, Nov 2, 12:37 UTC
- Bitcoin's 'volatility curve' has a midterm bump — CoinDesk, Nov 2, 12:30 UTC
- No proof of AI in North Korean hackers move of stolen Binance funds — CoinDesk, Nov 2, 11:57 UTC
Sources and data
- CoinDesk (secondary source) — Coinbase downgraded at Morgan Stanely; price target slashed 53% on weak earnings outlook
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Nov 2, 16:00 UTC; report generated Nov 2, 16:00 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.
Volatility
The size and speed of price changes, commonly measured as the annualised standard deviation of returns.
Sources & data
- CoinDesk (secondary, retrieved Nov 2, 2026, 04:01 PM UTC)
- Finnhub (market-data, retrieved Nov 2, 2026, 04:01 PM UTC)
- CoinGecko (market-data, retrieved Nov 2, 2026, 04:01 PM UTC)
Market data as of Nov 2, 2026, 04:00 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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