Crypto update Oct 16: XRP leads 24-hour losses; bitcoin near $81,353
According to CoinGecko, as of Oct 16, 16:59 UTC XRP fell 2.23% over 24 hours to $1.3100 while MarketAlleys trend signals show neutral readings for the four tracked tokens.
Where prices stand
According to CoinGecko, as of Oct 16, 16:59 UTC, XRP fell 2.23% over 24 hours to $1.3100, Solana fell 1.53% over 24 hours to $103.90, Bitcoin fell 0.83% over 24 hours to $81,353.00, and Ether fell 0.10% over 24 hours to $2,429.65. Five-session changes from CoinGecko showed -4.47% for Solana, -2.66% for Ether, -1.16% for Bitcoin and -1.02% for XRP.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $81,353.00 | -1.16% | -0.83% | Oct 16, 16:59 UTC | CoinGecko |
| Ether | $2,429.65 | -2.66% | -0.10% | Oct 16, 16:59 UTC | CoinGecko |
| Solana | $103.90 | -4.47% | -1.53% | Oct 16, 16:59 UTC | CoinGecko |
| XRP | $1.3100 | -1.02% | -2.23% | Oct 16, 16:59 UTC | CoinGecko |
Trend check
MarketAlleys trend signals show Bitcoin is neutral with RSI(14) 46.7; close 81603.65 sits near the 50-day SMA 81165.89 and above the long SMA 72197.52. Ether is neutral with RSI(14) 37.7; close 2419.69 is below the 50-day SMA 2555.50 and above the long SMA 2140.30. Solana is neutral with RSI(14) 37.6 and has close 104.19 below the 50-day SMA 109.39 and above the long SMA 87.14, while XRP is neutral with RSI(14) 41.6 and close 1.3651 below the 50-day SMA 1.4253 and above the long SMA 1.2801.
| Instrument | Close | SMA50 | Long SMA | RSI(14) | Trend status |
|---|---|---|---|---|---|
| Bitcoin | 81,603.65 | 81,165.89 | 72,197.52 | 46.7 | neutral |
| Ether | 2,419.69 | 2,555.50 | 2,140.30 | 37.7 | neutral |
| Solana | 104.19 | 109.39 | 87.14 | 37.6 | neutral |
| XRP | 1.3651 | 1.4253 | 1.2801 | 41.6 | neutral |
Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 15, 22:40 UTC); it is not a recommendation.
In the news
CoinDesk published an article about traders being able to bet on whether Coinbase, Robinhood and Marathon will hit their targets. Forexlive ran a story saying Ethereum rebounded as dip-buyers piled in around key technical levels. Cointelegraph carried pieces on tokenized stocks trading beyond Wall Street hours and on Bitcoin price steadiness around $82K after a Fed comment.
- Traders will soon be able to bet on whether Coinbase, Robinhood and Marathon will hit their targets — CoinDesk, Oct 16, 11:15 UTC
- Ethereum rebounds as dip-buyers pile in around key technical levels. Fundamental improvement or just a dead-cat bounce? — Forexlive, Oct 16, 11:04 UTC
- Crypto Biz: Wall Street closes at 4. Tokenized stocks keep trading — Cointelegraph, Oct 16, 15:52 UTC
- Bitcoin price steadies around $82K after Fed’s Warsh avoids rate-hike hints — Cointelegraph, Oct 16, 15:45 UTC
Sources and data
- CoinDesk (secondary source) — Traders will soon be able to bet on whether Coinbase, Robinhood and Marathon will hit their targets
- Forexlive (secondary source) — Ethereum rebounds as dip-buyers pile in around key technical levels. Fundamental improvement or just a dead-cat bounce?
- Cointelegraph (secondary source) — Crypto Biz: Wall Street closes at 4. Tokenized stocks keep trading
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Oct 16, 17:00 UTC; report generated Oct 16, 17:00 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.
Sources & data
- CoinDesk (secondary, retrieved Oct 16, 2026, 05:02 PM UTC)
- Forexlive (secondary, retrieved Oct 16, 2026, 05:02 PM UTC)
- Cointelegraph (secondary, retrieved Oct 16, 2026, 05:02 PM UTC)
- Finnhub (market-data, retrieved Oct 16, 2026, 05:02 PM UTC)
- CoinGecko (market-data, retrieved Oct 16, 2026, 05:02 PM UTC)
Market data as of Oct 16, 2026, 05:00 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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