Crypto market update: XRP leads declines as Bitcoin trades near $80,085
CoinGecko shows XRP fell 2.48% over 24 hours and led declines as of 12:00 UTC; Solana, Ether and Bitcoin also fell over the same period.
Where prices stand
XRP led declines, fell 2.48% over 24 hours to $1.2900, the largest percentage drop among the tracked cryptos; Solana fell 2.23% over 24 hours to $100.31; Ether fell 1.50% over 24 hours to $2,323.09; Bitcoin fell 1.41% over 24 hours to $80,085.00. All prices are as of 12:00 UTC. Five-session changes were XRP +0.05%, Bitcoin -0.65%, Ether -1.64% and Solana -2.26%. Prices are per CoinGecko.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $80,085.00 | -0.65% | -1.41% | Oct 29, 11:59 UTC | CoinGecko |
| Ether | $2,323.09 | -1.64% | -1.50% | Oct 29, 11:59 UTC | CoinGecko |
| Solana | $100.31 | -2.26% | -2.23% | Oct 29, 11:59 UTC | CoinGecko |
| XRP | $1.2900 | +0.05% | -2.48% | Oct 29, 11:59 UTC | CoinGecko |
Trend check
Trend signals list all four as neutral. Bitcoin shows RSI(14) 45.4 with close 80800.83, 50-day SMA 81839.72 and long SMA 73029.36; Ether shows RSI(14) 37.5 with close 2347.32, 50-day SMA 2536.71 and long SMA 2158.62. Solana shows RSI(14) 36.5 with close 101.20, 50-day SMA 109.43 and long SMA 88.54; XRP shows RSI(14) 42.4 with close 1.3343, 50-day SMA 1.4129 and long SMA 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 launched a consultation on central counterparties' acceptance of tokenised forms of eligible collateral, the Bank of England reported. CoinDesk reported Solana wallet Solflare pledged to pay missed rewards on staked $160 million after a validator went offline; CoinDesk also ran live updates titled "Bitcoin clings to $80,000 as Strategy’s cushion thins before earnings"; and CoinDesk reported the Thai Supreme Court ruled bitcoin is property after a thief challenged a conviction.
- Bank of England sets out approach to tokenised collateral in central clearing — Bank of England, Oct 29, 10:00 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
- Thai Supreme Court rules bitcoin is property after thief challenges conviction — CoinDesk, Oct 29, 10:04 UTC
Sources and data
- Bank of England (primary source) — Bank of England sets out approach to tokenised collateral in central clearing
- CoinDesk (secondary source) — Solana wallet Solflare pledges to pay missed rewards on staked $160 million after validator goes offline
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Oct 29, 11:59 UTC; report generated Oct 29, 12:01 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.
Sources & data
- Bank of England (primary, retrieved Oct 29, 2026, 12:02 PM UTC)
- CoinDesk (secondary, retrieved Oct 29, 2026, 12:02 PM UTC)
- Finnhub (market-data, retrieved Oct 29, 2026, 12:02 PM UTC)
- CoinGecko (market-data, retrieved Oct 29, 2026, 12:02 PM UTC)
Market data as of Oct 29, 2026, 11:59 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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