MarketAlleys
Sign in
NewsAutomated report · methodology

Crypto market update: XRP leads modest moves

XRP fell 0.46% over 24 hours while bitcoin, ether and solana recorded only minor changes; prices are as of Oct 23, 11:59 UTC, according to CoinGecko.

MarketAlleys Research Desk

Published · 3 min read

X (opens in a new tab)LinkedIn (opens in a new tab)Facebook (opens in a new tab)
Illustration for: Crypto market update: XRP leads modest moves
Illustration (AI-generated) — not a photograph of the events described.

Where prices stand

XRP led the group, falling 0.46% over 24 hours to $1.3200; Bitcoin fell 0.08% over 24 hours to $81,627.00. Ether rose 0.06% over 24 hours to $2,399.97, and Solana rose 0.05% over 24 hours to $104.44. Over five sessions Bitcoin is +3.14%, Ether is +2.15%, Solana is +2.51% and XRP is +0.05%. All prices are as of Oct 23, 11:59 UTC, according to CoinGecko.

Instrument Last 5-session change Latest change As of Source
Bitcoin $81,627.00 +3.14% -0.08% Oct 23, 11:59 UTC CoinGecko
Ether $2,399.97 +2.15% +0.06% Oct 23, 11:59 UTC CoinGecko
Solana $104.44 +2.51% +0.05% Oct 23, 11:59 UTC CoinGecko
XRP $1.3200 +0.05% -0.46% Oct 23, 11:59 UTC CoinGecko

Trend check

Trend signals are neutral across the four assets. Bitcoin shows RSI(14) 57.0 with last close 84082.27 above its 50-day SMA 81706.86 and above its long SMA 72730.10. Ether has RSI(14) 46.1 with last close 2472.68 below its 50-day SMA 2551.02 but above its long SMA 2153.32; Solana has RSI(14) 45.6 with last close 106.94 below its 50-day SMA 109.59 and above its long SMA 87.97; XRP has RSI(14) 42.4 with last close 1.3343 below its 50-day SMA 1.4129 and above its long SMA 1.2796.

Instrument Close SMA50 Long SMA RSI(14) Trend status
Bitcoin 84,082.27 81,706.86 72,730.10 57.0 neutral
Ether 2,472.68 2,551.02 2,153.32 46.1 neutral
Solana 106.94 109.59 87.97 45.6 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 22, 22:40 UTC); it is not a recommendation.

In the news

CoinDesk reported Sweden’s central bank revived the e-krona debate as stablecoins and a digital euro loom. Forexlive ran a piece saying Bitcoin erased weekly gains amid growth concerns. Cointelegraph reported HSBC launched a Hong Kong dollar stablecoin for retail payments. Yahoo published an article suggesting Cardano could be a comeback candidate for 2027.

Sources and data

  • CoinDesk (secondary source) — Sweden’s central bank revives e-krona debate as stablecoins and digital euro loom
  • Forexlive (secondary source) — Bitcoin erases all the weekly gains as growth concerns lead to widespread risk aversion. What's next?
  • Cointelegraph (secondary source) — HSBC launches Hong Kong dollar stablecoin for retail payments
  • Yahoo (secondary source) — Not Bitcoin. Not Ethereum. This Once-Popular Cryptocurrency Could Be the Biggest Winner of 2027.
  • Finnhub (market data) — market data
  • CoinGecko (market data) — market data

Market data as of Oct 23, 11:59 UTC; report generated Oct 23, 12:00 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.

    Full definitionLearn more in Index Insight

  • Relative Strength Index (RSI)

    A momentum oscillator, developed by J.

    Full definition

  • Moving average

    The average price over a rolling window, plotted to smooth out noise.

    Full definition

  • 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.

    Full definition

  • Central bank

    The institution that sets a country's or region's monetary policy, issues its currency and oversees the banking system — for example the Federal Reserve, European Central Bank, Bank of England and Bank of Japan.

    Full definitionLearn more in Currency Conquest

Sources & data

  1. CoinDesk (secondary, retrieved Oct 23, 2026, 12:01 PM UTC)
  2. Forexlive (secondary, retrieved Oct 23, 2026, 12:01 PM UTC)
  3. Cointelegraph (secondary, retrieved Oct 23, 2026, 12:01 PM UTC)
  4. Yahoo (secondary, retrieved Oct 23, 2026, 12:01 PM UTC)
  5. Finnhub (market-data, retrieved Oct 23, 2026, 12:01 PM UTC)
  6. CoinGecko (market-data, retrieved Oct 23, 2026, 12:01 PM UTC)

Market data as of Oct 23, 2026, 11:59 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.

Was this useful?

Report an issue with this article

Reports go to our editors. See our corrections policy.

Get the Daily Brief

What moved, why, and what matters next — every morning.

Or follow us on Telegram and X for every new story.

stocks

SpaceX‑Tesla merger chatter resurfaces, CNBC reports

cnbc.com reported that a Tesla‑SpaceX merger may be in the works but that the companies face a long road of negotiations and regulatory reviews.

MarketAlleys Research Desk · · 3 min read

stocks

CNBC flags tech rout and Musk divergence

cnbc.com reported that markets are digesting a tech rout as the Nasdaq Composite logged its worst day in three months amid renewed doubts over AI spending.

MarketAlleys Research Desk · · 3 min read