Crypto market update: XRP leads losses
XRP fell 2.00% over 24 hours while bitcoin, ether and solana also declined as of Oct 29, 14:01 UTC, CoinGecko reported.
Where prices stand
XRP was the biggest mover, falling 2.00% over 24 hours to $1.2900; bitcoin fell 0.43% over 24 hours to $80,250.00, ether fell 0.29% over 24 hours to $2,324.99, and solana fell 0.30% over 24 hours to $100.62. All moves are over 24 hours and the prices are reported by CoinGecko as of Oct 29, 14:01 UTC.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $80,250.00 | -0.65% | -0.43% | Oct 29, 14:01 UTC | CoinGecko |
| Ether | $2,324.99 | -1.64% | -0.29% | Oct 29, 14:01 UTC | CoinGecko |
| Solana | $100.62 | -2.26% | -0.30% | Oct 29, 14:01 UTC | CoinGecko |
| XRP | $1.2900 | +0.05% | -2.00% | Oct 29, 14:01 UTC | CoinGecko |
Trend check
MarketAlleys trend signals list all four tokens as neutral: bitcoin RSI(14) 45.4 with close 80800.83, SMA50 81839.72 and longSma 73029.36; ether RSI(14) 37.5 with close 2347.32, SMA50 2536.71 and longSma 2158.62; solana RSI(14) 36.5 with close 101.20, SMA50 109.43 and longSma 88.54; XRP RSI(14) 42.4 with close 1.3343, 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
The Bank of England published a consultation supporting central counterparties' acceptance of tokenised forms of eligible collateral, the Bank of England reported. CoinDesk published an article titled "Bitcoin drops to $80,000 on Fed dissent, Samsung, Alphabet earnings; AI tokens slump," and separate CoinDesk pieces covered Solflare pledging to pay missed rewards on staked $160 million after a validator went offline and live updates on bitcoin, CoinDesk reported.
- Bank of England sets out approach to tokenised collateral in central clearing — Bank of England, Oct 29, 10:00 UTC
- Bitcoin drops to $80,000 on Fed dissent, Samsung, Alphabet earnings; AI tokens slump — CoinDesk, Oct 29, 11:11 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
Sources and data
- Bank of England (primary source) — Bank of England sets out approach to tokenised collateral in central clearing
- CoinDesk (secondary source) — Bitcoin drops to $80,000 on Fed dissent, Samsung, Alphabet earnings; AI tokens slump
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Oct 29, 14:01 UTC; report generated Oct 29, 14:02 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, 02:03 PM UTC)
- CoinDesk (secondary, retrieved Oct 29, 2026, 02:03 PM UTC)
- Finnhub (market-data, retrieved Oct 29, 2026, 02:03 PM UTC)
- CoinGecko (market-data, retrieved Oct 29, 2026, 02:03 PM UTC)
Market data as of Oct 29, 2026, 02:01 PM 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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