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Crypto market update: XRP leads 24-hour losses on Oct 29

CoinGecko prices at Oct 29, 11:00 UTC show XRP fell 2.56% over 24 hours while Solana, Ether and Bitcoin also declined over the same period.

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Where prices stand

XRP led declines, falling 2.56% over 24 hours to $1.2900, followed by Solana, which fell 2.18% to $100.48, Ether, which fell 1.61% to $2,325.60, and Bitcoin, which fell 1.44% to $80,198.00; all prices are as of Oct 29, 11:00 UTC according to CoinGecko. Market breadth tracked 6 instruments, with 1 up and 5 down. US markets trade today.

Instrument Last 5-session change Latest change As of Source
Bitcoin $80,198.00 -0.65% -1.44% Oct 29, 11:00 UTC CoinGecko
Ether $2,325.60 -1.64% -1.61% Oct 29, 11:00 UTC CoinGecko
Solana $100.48 -2.26% -2.18% Oct 29, 11:00 UTC CoinGecko
XRP $1.2900 +0.05% -2.56% Oct 29, 11:00 UTC CoinGecko

Trend check

Trend signals are neutral for all four instruments. RSI(14) readings are 45.4 for Bitcoin, 37.5 for Ether, 36.5 for Solana and 42.4 for XRP; moving averages show Bitcoin close 80800.83 with SMA50 81839.72 and longSma 73029.36, Ether close 2347.32 with SMA50 2536.71 and longSma 2158.62, Solana close 101.20 with SMA50 109.43 and longSma 88.54, and XRP close 1.3343 with 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

Bank of England launched a consultation supporting central counterparties' acceptance of tokenised forms of eligible collateral, Bank of England. CoinDesk published a markets piece titled "The chart bitcoin traders should be paying attention to" and a tech report titled "AI found a way to crash bitcoin nodes on Windows and Macs. It's now public". Forexlive published an analysis on bitcoin's consolidation after a neutral FOMC decision.

Sources and data

  • Bank of England (primary source) — Bank of England sets out approach to tokenised collateral in central clearing
  • CoinDesk (secondary source) — The chart bitcoin traders should be paying attention to
  • Forexlive (secondary source) — Bitcoin extends consolidation as neutral FOMC decision fails to spark a relief rally. What's next?
  • Finnhub (market data) — market data
  • CoinGecko (market data) — market data

Market data as of Oct 29, 11:00 UTC; report generated Oct 29, 11:01 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

  • Market breadth

    How many stocks are taking part in a market move — measured by advancing versus declining issues, new highs versus new lows, or the share of stocks above their moving averages.

    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. Bank of England (primary, retrieved Oct 29, 2026, 11:03 AM UTC)
  2. CoinDesk (secondary, retrieved Oct 29, 2026, 11:03 AM UTC)
  3. Forexlive (secondary, retrieved Oct 29, 2026, 11:03 AM UTC)
  4. Finnhub (market-data, retrieved Oct 29, 2026, 11:03 AM UTC)
  5. CoinGecko (market-data, retrieved Oct 29, 2026, 11:03 AM UTC)

Market data as of Oct 29, 2026, 11:00 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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