Crypto market update: XRP leads declines at Oct 29, 08:00 UTC
XRP fell 3.05% over 24 hours and led losses among major tokens as of Oct 29, 07:59 UTC, with Bitcoin, Ether and Solana also lower, according to CoinGecko.
Where prices stand
XRP led the session, falling 3.05% over 24 hours to $1.2900; Solana fell 2.46% over 24 hours to $99.73, Ether fell 2.14% over 24 hours to $2,308.62, and Bitcoin fell 1.52% over 24 hours to $79,795.00. All four crypto prices are shown as of Oct 29, 07:59 UTC, per CoinGecko.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $79,795.00 | -0.65% | -1.52% | Oct 29, 07:59 UTC | CoinGecko |
| Ether | $2,308.62 | -1.64% | -2.14% | Oct 29, 07:59 UTC | CoinGecko |
| Solana | $99.73 | -2.26% | -2.46% | Oct 29, 07:59 UTC | CoinGecko |
| XRP | $1.2900 | +0.05% | -3.05% | Oct 29, 07:59 UTC | CoinGecko |
Trend check
MarketAlleys trend signals list neutral status for all four tokens. Bitcoin shows RSI(14) 45.4 with a close of 80800.83, SMA50 81839.72 and longSMA 73029.36; Ether shows RSI(14) 37.5 with SMA50 2536.71 and longSMA 2158.62. Solana shows RSI(14) 36.5 with SMA50 109.43 and longSMA 88.54, while XRP shows RSI(14) 42.4 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
CoinDesk reported that AI researchers found a way to crash bitcoin nodes on Windows and Macs. CoinDesk also reported a security failure at an Indian certificate firm that prompted Ethereum client patches. Separately, CoinDesk ran pieces saying bitcoin dipped below $80,000 and that a mystery Wall Street Journal ad has sparked a new fight over tokenized stocks.
- AI found a way to crash bitcoin nodes on Windows and Macs. It's now public — CoinDesk, Oct 29, 05:54 UTC
- Security failure at Indian certificate firm bites Ethereum as developers rush out fixes — CoinDesk, Oct 29, 05:30 UTC
- Bitcoin dips below $80,000 as Samsung-led tech jitters and a hawkish Fed weigh on crypto — CoinDesk, Oct 29, 03:32 UTC
- Mystery Wall Street Journal ad sparks new fight over tokenized stocks — CoinDesk, Oct 29, 03:21 UTC
Sources and data
- CoinDesk (secondary source) — AI found a way to crash bitcoin nodes on Windows and Macs. It's now public
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Oct 29, 07:59 UTC; report generated Oct 29, 08:00 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.
Hawkish / dovish
Hawkish describes a central bank or official leaning toward higher interest rates to fight inflation; dovish describes a leaning toward lower rates to support growth and jobs.
Sources & data
- CoinDesk (secondary, retrieved Oct 29, 2026, 08:03 AM UTC)
- Finnhub (market-data, retrieved Oct 29, 2026, 08:03 AM UTC)
- CoinGecko (market-data, retrieved Oct 29, 2026, 08:03 AM UTC)
Market data as of Oct 29, 2026, 07:59 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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