Crypto market update: XRP leads declines on Thursday
CoinGecko shows XRP led losses, falling 1.39% over 24 hours as of Nov 12, 08:00 UTC; Bitcoin, Ether and Solana also posted declines and trend signals are neutral.
Where prices stand
XRP led the session, fell 1.39% over 24 hours to $1.0430; Ether fell 0.85% over 24 hours to $2,049.22; Bitcoin fell 0.56% over 24 hours to $73,573.00; and Solana fell 0.32% over 24 hours to $82.92 — all figures are over 24 hours as of Nov 12, 08:00 UTC, according to CoinGecko.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $73,573.00 | -3.01% | -0.56% | Nov 12, 08:00 UTC | CoinGecko |
| Ether | $2,049.22 | -8.29% | -0.85% | Nov 12, 08:00 UTC | CoinGecko |
| Solana | $82.92 | -9.33% | -0.32% | Nov 12, 08:00 UTC | CoinGecko |
| XRP | $1.0430 | -12.83% | -1.39% | Nov 12, 08:00 UTC | CoinGecko |
Trend check
CoinGecko trend data list all four names as neutral. RSI(14) readings are 34.1 for Bitcoin, 29.6 for Ether, 27.5 for Solana and 27.6 for XRP; their most recent closes sit below the listed 50-day simple moving averages and compare to the longer SMAs provided.
| Instrument | Close | SMA50 | Long SMA | RSI(14) | Trend status |
|---|---|---|---|---|---|
| Bitcoin | 73,721.18 | 81,385.61 | 73,143.34 | 34.1 | neutral |
| Ether | 2,050.34 | 2,456.63 | 2,152.41 | 29.6 | neutral |
| Solana | 86.60 | 106.72 | 89.00 | 27.5 | neutral |
| XRP | 1.1125 | 1.3710 | 1.2683 | 27.6 | neutral |
Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Nov 11, 22:40 UTC); it is not a recommendation.
In the news
CoinDesk published several items this morning: an article saying MSCI is dropping Strategy from its index and that the exclusion could hit its bitcoin-buying machine; a report that Bitcoin Core reveals a bug that made thousands of nodes trust any stranger on Tor; a piece that Ripple’s bank-lending system moves closer to launch on the XRP Ledger; and a markets article on bitcoin and Nvidia perps after reports about the CEO.
- MSCI is dropping Strategy from its index, and the exclusion could hit its bitcoin-buying machine — CoinDesk, Nov 12, 07:00 UTC
- Bitcoin Core reveals bug that made thousands of nodes trust any stranger on Tor — CoinDesk, Nov 12, 05:22 UTC
- Ripple’s bank-lending system moves closer to launch on the XRP Ledger — CoinDesk, Nov 12, 05:18 UTC
- Bitcoin listless, Nvidia perps crash 7% as CEO Jensen Huang reportedly faces the axe — CoinDesk, Nov 12, 04:03 UTC
Sources and data
- CoinDesk (secondary source) — MSCI is dropping Strategy from its index, and the exclusion could hit its bitcoin-buying machine
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Nov 12, 08:00 UTC; report generated Nov 12, 08:01 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
- CoinDesk (secondary, retrieved Nov 12, 2026, 08:04 AM UTC)
- Finnhub (market-data, retrieved Nov 12, 2026, 08:04 AM UTC)
- CoinGecko (market-data, retrieved Nov 12, 2026, 08:04 AM UTC)
Market data as of Nov 12, 2026, 08:00 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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