Crypto market update: XRP leads declines as of Nov 8, 09:00 UTC
XRP fell 1.14% over 24 hours and led losses among major coins; trend indicators are neutral across Bitcoin, Ether, Solana and XRP.
Where prices stand
XRP led declines, falling 1.14% to $1.1600; Solana fell 1.13% to $89.19; Ether fell 0.52% to $2,236.42; and Bitcoin fell 0.36% to $75,838.00 over 24 hours, as of Nov 8, 08:59 UTC. Over five sessions XRP is down 5.69%, Solana is down 4.68%, Ether is down 1.66% and Bitcoin is down 3.22%.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $75,838.00 | -3.22% | -0.36% | Nov 8, 08:59 UTC | CoinGecko |
| Ether | $2,236.42 | -1.66% | -0.52% | Nov 8, 08:59 UTC | CoinGecko |
| Solana | $89.19 | -4.68% | -1.13% | Nov 8, 08:59 UTC | CoinGecko |
| XRP | $1.1600 | -5.69% | -1.14% | Nov 8, 08:59 UTC | CoinGecko |
Trend check
All four coins show a neutral trend. RSI(14) readings are Bitcoin 38.1, Ether 39.6, Solana 31.1 and XRP 33.0. Close, 50-day and long moving-average values are Bitcoin close 75775.28 with SMA50 81993.03 and longSma 73197.26; Ether close 2236.28 with SMA50 2499.02 and longSma 2156.44; Solana close 90.06 with SMA50 108.16 and longSma 88.98; XRP close 1.1785 with SMA50 1.3816 and 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.
In the news
Cointelegraph reported that Binance’s finance chief Kaiser Ng is to leave the company and that Ng will be replaced by Justin Yek, who was formerly vice-president of finance at Airwallex.
- Binance’s finance chief Kaiser Ng to leave company, report says — Cointelegraph, Nov 8, 08:12 UTC
Sources and data
- Cointelegraph (secondary source) — Binance’s finance chief Kaiser Ng to leave company, report says
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Nov 8, 08:59 UTC; report generated Nov 8, 09:00 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
- Cointelegraph (secondary, retrieved Nov 8, 2026, 09:02 AM UTC)
- Finnhub (market-data, retrieved Nov 8, 2026, 09:02 AM UTC)
- CoinGecko (market-data, retrieved Nov 8, 2026, 09:02 AM UTC)
Market data as of Nov 8, 2026, 08:59 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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