Crypto market update: XRP leads declines on Thursday
XRP fell 2.42% over 24 hours while bitcoin traded just under $80,000; prices are reported as of Oct 29, 06:59 UTC.
Where prices stand
Where prices stand As of Oct 29, 06:59 UTC, per CoinGecko, XRP fell 2.42% over 24 hours to $1.2900, the largest move among the four. Bitcoin fell 1.12% over 24 hours to $79,876.00. Ether fell 1.64% over 24 hours to $2,310.70. Solana fell 1.87% over 24 hours to $99.99.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $79,876.00 | -0.65% | -1.12% | Oct 29, 06:59 UTC | CoinGecko |
| Ether | $2,310.70 | -1.64% | -1.64% | Oct 29, 06:59 UTC | CoinGecko |
| Solana | $99.99 | -2.26% | -1.87% | Oct 29, 06:59 UTC | CoinGecko |
| XRP | $1.2900 | +0.05% | -2.42% | Oct 29, 06:59 UTC | CoinGecko |
Trend check
Trend check All four tokens register a neutral trend status with RSI(14) readings of Bitcoin 45.4, Ether 37.5, Solana 36.5 and XRP 42.4. Reference closes versus moving averages: Bitcoin close 80800.83 with SMA50 81839.72 and long SMA 73029.36; Ether close 2347.32 with SMA50 2536.71 and long SMA 2158.62; Solana close 101.20 with SMA50 109.43 and long SMA 88.54; XRP close 1.3343 with SMA50 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
In the news CoinDesk reported a security failure at an Indian certificate firm affecting Ethereum clients. CoinDesk also reported bitcoin dipping below $80,000 and published a piece on a mystery Wall Street Journal ad and tokenized stocks. Cointelegraph reported that bitcoin faces fresh pressure after the Fed’s hawkish rate hold.
- 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
- Bitcoin faces fresh pressure after Fed’s hawkish rate hold: Analysts — Cointelegraph, Oct 29, 01:12 UTC
Sources and data
- CoinDesk (secondary source) — Security failure at Indian certificate firm bites Ethereum as developers rush out fixes
- Cointelegraph (secondary source) — Bitcoin faces fresh pressure after Fed’s hawkish rate hold: Analysts
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Oct 29, 06:59 UTC; report generated Oct 29, 07:00 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.
Federal Reserve (Fed)
The US central bank, with a dual mandate of maximum employment and stable prices.
Sources & data
- CoinDesk (secondary, retrieved Oct 29, 2026, 07:02 AM UTC)
- Cointelegraph (secondary, retrieved Oct 29, 2026, 07:02 AM UTC)
- Finnhub (market-data, retrieved Oct 29, 2026, 07:02 AM UTC)
- CoinGecko (market-data, retrieved Oct 29, 2026, 07:02 AM UTC)
Market data as of Oct 29, 2026, 06:59 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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