Crypto market update: XRP down most as of Oct 29, 13:00 UTC
XRP led losses while bitcoin, ether and Solana also fell over 24 hours; trend signals read neutral and recent headlines from the Bank of England and CoinDesk were noted.
Where prices stand
XRP led losses at $1.2900, Solana traded at $100.41, bitcoin at $79,955.00 and ether at $2,319.77; they fell 2.09%, 1.03%, 0.86% and 0.75% over 24 hours, respectively. As of Oct 29, 13:00 UTC these were the latest quoted levels for the four cryptocurrencies.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $79,955.00 | -0.65% | -0.86% | Oct 29, 12:59 UTC | CoinGecko |
| Ether | $2,319.77 | -1.64% | -0.75% | Oct 29, 12:59 UTC | CoinGecko |
| Solana | $100.41 | -2.26% | -1.03% | Oct 29, 12:59 UTC | CoinGecko |
| XRP | $1.2900 | +0.05% | -2.09% | Oct 29, 12:59 UTC | CoinGecko |
Trend check
All four instruments are labelled neutral in the trend signals. Bitcoin’s RSI(14) is 45.4 with close 80800.83, SMA50 81839.72 and longSma 73029.36; ether’s RSI(14) is 37.5 with close 2347.32, SMA50 2536.71 and longSma 2158.62; Solana’s RSI(14) is 36.5 with close 101.20, SMA50 109.43 and longSma 88.54; XRP’s RSI(14) is 42.4 with close 1.3343, SMA50 1.4129 and longSma 1.2796.
| Instrument | Close | SMA50 | Long SMA | RSI(14) | Trend status |
|---|---|---|---|---|---|
| Bitcoin | 80,800.83 | 81,839.72 | 73,029.36 | 45.4 | neutral |
| Ether | 2,347.32 | 2,536.71 | 2,158.62 | 37.5 | neutral |
| Solana | 101.20 | 109.43 | 88.54 | 36.5 | neutral |
| XRP | 1.3343 | 1.4129 | 1.2796 | 42.4 | neutral |
Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 28, 22:40 UTC); it is not a recommendation.
In the news
The Bank of England published a consultation supporting central counterparties’ acceptance of tokenised forms of eligible collateral, the Bank of England reported. CoinDesk reported that bitcoin dropped to $80,000, citing Fed dissent, Samsung and Alphabet earnings and a slump in AI tokens. CoinDesk also ran live updates on bitcoin near $80,000 and reported that Solflare pledged to pay missed rewards on staked $160 million after a Solana validator went offline.
- Bank of England sets out approach to tokenised collateral in central clearing — Bank of England, Oct 29, 10:00 UTC
- Bitcoin drops to $80,000 on Fed dissent, Samsung, Alphabet earnings; AI tokens slump — CoinDesk, Oct 29, 11:11 UTC
- Solana wallet Solflare pledges to pay missed rewards on staked $160 million after validator goes offline — CoinDesk, Oct 29, 10:44 UTC
- Live updates: Bitcoin clings to $80,000 as Strategy’s cushion thins before earnings — CoinDesk, Oct 29, 10:41 UTC
Sources and data
- Bank of England (primary source) — Bank of England sets out approach to tokenised collateral in central clearing
- CoinDesk (secondary source) — Bitcoin drops to $80,000 on Fed dissent, Samsung, Alphabet earnings; AI tokens slump
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Oct 29, 12:59 UTC; report generated Oct 29, 13:00 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
- Bank of England (primary, retrieved Oct 29, 2026, 01:02 PM UTC)
- CoinDesk (secondary, retrieved Oct 29, 2026, 01:02 PM UTC)
- Finnhub (market-data, retrieved Oct 29, 2026, 01:02 PM UTC)
- CoinGecko (market-data, retrieved Oct 29, 2026, 01:02 PM UTC)
Market data as of Oct 29, 2026, 12:59 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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