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Crypto market update: XRP leads 24-hour losses

XRP recorded the largest 24-hour decline among tracked cryptos as of Nov 8, 08:01 UTC, with Bitcoin, Ether and Solana also lower, according to CoinGecko and MarketAlleys.

MarketAlleys Research Desk

Published · 2 min read

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Illustration for: Crypto market update: XRP leads 24-hour losses
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Where prices stand

XRP fell 1.10% over 24 hours to $1.1600, the biggest move among tracked crypto, as of Nov 8, 08:01 UTC. Solana fell 1.08% over 24 hours to $89.23; Ether fell 0.31% over 24 hours to $2,238.19; Bitcoin fell 0.23% over 24 hours to $75,880.00. Price and move figures are per CoinGecko.

Instrument Last 5-session change Latest change As of Source
Bitcoin $75,880.00 -3.22% -0.23% Nov 8, 08:01 UTC CoinGecko
Ether $2,238.19 -1.66% -0.31% Nov 8, 08:01 UTC CoinGecko
Solana $89.23 -4.68% -1.08% Nov 8, 08:01 UTC CoinGecko
XRP $1.1600 -5.69% -1.10% Nov 8, 08:01 UTC CoinGecko

Trend check

According to MarketAlleys category desk, all four tracked cryptos show a neutral trend status with RSI(14) at 38.1 for Bitcoin, 39.6 for Ether, 31.1 for Solana and 33.0 for XRP. Reported closes and moving averages are: Bitcoin close 75775.28, sma50 81993.03, longSma 73197.26; Ether close 2236.28, sma50 2499.02, longSma 2156.44; Solana close 90.06, sma50 108.16, longSma 88.98; XRP close 1.1785, sma50 1.3816, longSma 1.2712.

Instrument Close SMA50 Long SMA RSI(14) Trend status
Bitcoin 75,775.28 81,993.03 73,197.26 38.1 neutral
Ether 2,236.28 2,499.02 2,156.44 39.6 neutral
Solana 90.06 108.16 88.98 31.1 neutral
XRP 1.1785 1.3816 1.2712 33.0 neutral

Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Nov 7, 22:40 UTC); it is not a recommendation.

Sources and data

Market data as of Nov 8, 08:01 UTC; report generated Nov 8, 08:01 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

Sources & data

  1. Finnhub (market-data, retrieved Nov 8, 2026, 08:03 AM UTC)
  2. CoinGecko (market-data, retrieved Nov 8, 2026, 08:03 AM UTC)

Market data as of Nov 8, 2026, 08:01 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.

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