Crypto market update: Solana posts largest 24-hour drop; Bitcoin slightly higher
As of Oct 18, 05:00 UTC CoinGecko shows Solana fell 0.91% over 24 hours while Bitcoin rose 0.32%; Ether and XRP were lower over the same period.
Where prices stand
CoinGecko shows as of Oct 18, 05:00 UTC that Solana, at $103.74, fell 0.91% over 24 hours — the biggest move — while Bitcoin was $81,717.00, rose 0.32% over 24 hours, Ether was $2,413.64, fell 0.42% over 24 hours, and XRP was $1.3000, fell 0.88% over 24 hours.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $81,717.00 | -2.59% | +0.32% | Oct 18, 05:00 UTC | CoinGecko |
| Ether | $2,413.64 | -4.50% | -0.42% | Oct 18, 05:00 UTC | CoinGecko |
| Solana | $103.74 | -6.23% | -0.91% | Oct 18, 05:00 UTC | CoinGecko |
| XRP | $1.3000 | -7.03% | -0.88% | Oct 18, 05:00 UTC | CoinGecko |
Trend check
MarketAlleys lists all four instruments as neutral. RSI(14) readings are 46.5 for Bitcoin, 38.4 for Ether, 38.6 for Solana and 36.3 for XRP; Bitcoin's close ($81,523.66) sits near its 50-day SMA ($81,253.74) and above its long SMA ($72,352.73), while Ether's last close ($2,420.56), Solana's ($104.32) and XRP's ($1.3100) are below their 50-day SMAs and above their long SMAs.
| 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 published an article about Circle defending 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, 05:00 UTC; report generated Oct 18, 05:01 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, 05:02 AM UTC)
- Finnhub (market-data, retrieved Oct 18, 2026, 05:02 AM UTC)
- CoinGecko (market-data, retrieved Oct 18, 2026, 05:02 AM UTC)
Market data as of Oct 18, 2026, 05:00 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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