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XRP leads crypto declines in MarketAlleys update

XRP fell the most among major tokens; Bitcoin, Ether and Solana also declined on the day, per CoinGecko prices as of Oct 17, 08:59 UTC.

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Where prices stand

XRP was the biggest mover, falling 2.68% to $1.3100; Solana fell 1.72% to $104.93; Ether fell 0.95% to $2,433.10; Bitcoin fell 0.71% to $81,617.00. All moves are over 24 hours and prices are as of Oct 17, 08:59 UTC, according to CoinGecko. Over five sessions, XRP is down 4.83%, Solana is down 4.23%, Ether is down 2.57% and Bitcoin is down 0.92%, CoinGecko shows.

Instrument Last 5-session change Latest change As of Source
Bitcoin $81,617.00 -0.92% -0.71% Oct 17, 08:59 UTC CoinGecko
Ether $2,433.10 -2.57% -0.95% Oct 17, 08:59 UTC CoinGecko
Solana $104.93 -4.23% -1.72% Oct 17, 08:59 UTC CoinGecko
XRP $1.3100 -4.83% -2.68% Oct 17, 08:59 UTC CoinGecko

Trend check

The MarketAlleys category desk shows neutral trend status for Bitcoin, Ether, Solana and XRP with RSI(14) and moving averages provided as reference points. Bitcoin: RSI(14) 48.7, SMA50 81228.64, longSma 72278.56; Ether: RSI(14) 39.8, SMA50 2554.17, longSma 2142.59; Solana: RSI(14) 40.0, SMA50 109.46, longSma 87.26; XRP: RSI(14) 38.6, SMA50 1.4214, longSma 1.2801.

Instrument Close SMA50 Long SMA RSI(14) Trend status
Bitcoin 82,155.54 81,228.64 72,278.56 48.7 neutral
Ether 2,439.96 2,554.17 2,142.59 39.8 neutral
Solana 105.34 109.46 87.26 40.0 neutral
XRP 1.3335 1.4214 1.2801 38.6 neutral

Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 16, 22:40 UTC); it is not a recommendation.

In the news

Yahoo reported a news article saying MSCI is preparing to strip Strategy Inc. from its global indexes, triggering a 9.6% stock drop and asking whether the world's largest corporate Bitcoin holder could be forced to sell its crypto stash.

Sources and data

  • Yahoo (secondary source) — MSCI Is Moving to Drop Strategy From Its Indexes. Could That Hit Bitcoin?
  • Finnhub (market data) — market data
  • CoinGecko (market data) — market data

Market data as of Oct 17, 08:59 UTC; report generated Oct 17, 09:00 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

Sources & data

  1. Yahoo (secondary, retrieved Oct 17, 2026, 09:02 AM UTC)
  2. Finnhub (market-data, retrieved Oct 17, 2026, 09:02 AM UTC)
  3. CoinGecko (market-data, retrieved Oct 17, 2026, 09:02 AM UTC)

Market data as of Oct 17, 2026, 08:59 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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crypto

Crypto market update

XRP posted the largest 24-hour decline among the four tracked tokens; Bitcoin was little changed as trend signals remain neutral across the group.

MarketAlleys Research Desk · · 2 min read