MarketAlleys

Crypto market update: XRP falls 6.24% as majors retreat

XRP fell 6.24% over 24 hours to $1.0910; ether fell 5.39%, solana fell 3.38% and bitcoin fell 1.98%, CoinGecko reported as of Nov 9, 07:01 UTC.

Illustration for: Crypto market update: XRP falls 6.24% as majors retreat
Illustration (AI-generated) — not a photograph of the events described.

Where prices stand

XRP led declines, falling 6.24% over 24 hours to $1.0910. Ether fell 5.39% to $2,112.45, Solana fell 3.38% to $86.03 and Bitcoin fell 1.98% to $74,291.00. All four tracked cryptos were also lower on five-session readings, with XRP -6.87%, Solana -2.33%, Bitcoin -1.22% and Ether -0.59%. Figures are as of Nov 9, 07:01 UTC; CoinGecko reported.

Instrument Last 5-session change Latest change As of Source
Bitcoin $74,291.00 -1.22% -1.98% Nov 9, 07:01 UTC CoinGecko
Ether $2,112.45 -0.59% -5.39% Nov 9, 07:01 UTC CoinGecko
Solana $86.03 -2.33% -3.38% Nov 9, 07:01 UTC CoinGecko
XRP $1.0910 -6.87% -6.24% Nov 9, 07:01 UTC CoinGecko

Trend check

MarketAlleys trend data showed neutral status across the four names, with Bitcoin RSI(14) 38.1 and close 75776.38 (sma50 81891.09; longSma 73194.51) and Ether RSI(14) 39.6 and close 2237.05 (sma50 2491.53; longSma 2155.99). Solana had RSI(14) 30.6 with close 89.70 (sma50 107.70; longSma 89.00) and XRP had RSI(14) 31.7 with close 1.1629 (sma50 1.3769; longSma 1.2699).

Instrument Close SMA50 Long SMA RSI(14) Trend status
Bitcoin 75,776.38 81,891.09 73,194.51 38.1 neutral
Ether 2,237.05 2,491.53 2,155.99 39.6 neutral
Solana 89.70 107.70 89.00 30.6 neutral
XRP 1.1629 1.3769 1.2699 31.7 neutral

Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Nov 8, 22:41 UTC); it is not a recommendation.

In the news

CoinDesk reported the article "Two rival Ethereum proposals aim to stop Glamsterdam breaking old contracts." CoinDesk reported the article "Binance's bitcoin mining pool finds just one block in a week as shutdown nears." CoinDesk reported the article "Bitcoin drops, then pops as Nvidia cheating scandal and failed Iran talks trigger volatility."

Sources and data

  • CoinDesk (secondary source) — Two rival Ethereum proposals aim to stop Glamsterdam breaking old contracts
  • Finnhub (market data) — market data
  • CoinGecko (market data) — market data

Market data as of Nov 9, 07:01 UTC; report generated Nov 9, 07:01 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.

    Full definitionLearn more in Index Insight

  • Relative Strength Index (RSI)

    A momentum oscillator, developed by J.

    Full definition

  • Moving average

    The average price over a rolling window, plotted to smooth out noise.

    Full definition

  • 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.

    Full definition

  • Volatility

    The size and speed of price changes, commonly measured as the annualised standard deviation of returns.

    Full definition

Sources & data

  1. CoinDesk (secondary, retrieved Nov 9, 2026, 07:03 AM UTC)
  2. Finnhub (market-data, retrieved Nov 9, 2026, 07:03 AM UTC)
  3. CoinGecko (market-data, retrieved Nov 9, 2026, 07:03 AM UTC)

Market data as of Nov 9, 2026, 07:01 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.

Was this useful?

Report an issue with this article

Reports go to our editors. See our corrections policy.

Get the Daily Brief

What moved, why, and what matters next — every morning.

Or follow us on Telegram and X for every new story.