Bitcoin at $80,824 and XRP Down 3.3%: Crypto Market on Oct 29, 2026 Through a Polish Investor's Lens

The crypto market on October 29, 2026 closed slightly in the red: Bitcoin trades at $80,824, down 0.53% over 24h, Ethereum at $2,334 (-1.14%), and Solana at $100.11 (-2.19%). Total market capitalization stands near $2.80T. In the top 10, standouts include gains in Zcash (+2.55% over 24h, +10.78% over 7 days) and TRON (+0.57%). For investors in Poland, what matters today is not local regulation (no confirmed statements from the KNF, the Ministry of Finance or the NBP in available data), but global sentiment, news on Hyperliquid and the NYSE, the Bitwise outlook, and the halt of trading on Polymarket after reported losses of around $1.4M.

📉 Market at a glance: key figures

Price data from 29.10.2026 show a broad but moderate correction across the largest assets. Bitcoin has a market cap of about $1.62T, 24h volume of about $29.55B, and remains well below its ATH of $126,080. Ethereum has a market cap of about $285B and volume of about $11.42B, with an ATH of $4,946.

Among stablecoins, USDT trades near $0.9990 and USDC near $0.9995. Figure Heloc (FIGR_HELOC) is up 1.53% over 24h and 2.66% over 7 days at a price of about $1.05. The steepest daily drop in the top 10 is XRP (-3.26%), while the strongest gain belongs to Zcash.

Bitcoin's market cap (about $1.62T) and Ethereum's (about $285B) still dominate market structure. Solana has a market cap of about $59.0B with 24h volume of about $2.88B. BNB holds about $97.9B in market cap despite the daily decline.

🇵🇱 What happened on the Polish crypto market today?

In verified data from the past 24 hours (as of 29.10.2026), there are no confirmed statements from the KNF, the Ministry of Finance or the NBP regarding cryptocurrencies. There are also no hard local reports on trading volumes at Zonda, Kanga or Egera, nor official updates from projects such as Aleph Zero, Golem or Reality Metaverse in the provided context.

For the Polish investor, that means a day of "imported sentiment": decisions and prices are set globally, while the local impact comes down to PLN portfolio valuation, liquidity on exchanges serving clients in Poland, and how English- and Polish-language news is received (CrypS.pl, Comparic.pl, BitHub.pl, BeInCrypto PL).

Polish industry media that day cover, among other topics, a crypto-markets-AI-geopolitics roundup (CrypS.pl), Hyperliquid's rise after news of a partnership linked to the NYSE owner (Comparic.pl), and Bitwise's long-term Bitcoin forecast. These threads, not domestic regulation, shape today's local information context.

📊 Why it matters

Impact on Polish investors

Mild declines in BTC, ETH and SOL lower the current value of crypto-denominated portfolios, but the scale of the move (under 3.5% on most blue chips) does not point to sharp stress. XRP, down 3.26%, is more sensitive in the short term. Zcash at +10.78% over 7 days shows that altcoin selection can still sharply differentiate returns.

Impact on altcoins

Alongside ZEC and TRX, smaller tokens appear in the analytical data. Initia (INIT) trades near $0.214, with a market cap of about $45M and a very high 24h volume of about $86.8M; the base-case scenario points to consolidation in the $0.16–$0.24 range after earlier gains (about +20% 24h, +72% 7d, +153% 30d in this analysis), with dilution risk because only about 21% of max supply is in circulation. Ritual (RITUAL) trades near $0.0250, about 11% below its local peak of $0.0281, with a market cap of about $44.9M and volume of about $1.43M; the base case is consolidation in the $0.020–$0.028 range with high supply risk (about 18% in circulation).

Market sentiment

Neutral Fear & Greed (51) and mixed MACD/EMA signals in the cycle explain the lack of euphoria despite long-term Bitwise headlines. In the short term, the crypto market prefers consolidation over a one-way trend.

🔍 Market analysis

According to the CryptoPulsar market cycle, short-term scores look as follows: SOL 31.8/50, XRP 30.8/50, BTC 30.7/50, ETH 28.5/50, BNB 26.6/50. That is the upper part of the lower half of the scale: neither a strong bullish impulse nor a breakdown.

Bitcoin and on-chain

In the BTC cycle description, the network settled about 1.00M transactions over a day. RSI in the daily model is sometimes near the oversold zone (about 33 in one cycle reading), with a fresher series point clearly higher; MACD in the model is bullish, but the histogram is negative and EMA 9 sits below EMA 21. Funding is described as neutral. That mix favors consolidation around current levels rather than an immediate return to ATH.

Ethereum: inflows and whales

For ETH, the cycle points to supply moving toward exchanges: in a window of about 4 hours, about 5.9k ETH flowed in (119 deposits vs 104 withdrawals), and in the last hour 47 large transfers were recorded (including batches on the order of 10k, 9.1k and 5.5k ETH). Cycle RSI is about 41.7 (neutral), with a fresher reading higher; MACD is bullish in the cycle with a slightly negative histogram; EMA 9 is below EMA 21. DEX volume is about $966M, MEV risk 48/100. Sustained exchange inflows may cap upside.

Solana: whale activity and DEX

The SOL cycle description (score 31.8/50) highlights at least 100 large transfers of 10k SOL or more in a short window, including the three largest on the order of about 979k, 947k and 908k SOL. Daily DEX turnover is about $2.2B. RSI is about 40.8, MACD is bullish in the cycle assessment, but EMA 9 is below EMA 21. Funding is near zero. The direction of those transfers (to exchanges or away from them) is not clear from the transfers alone, so the short-term scenario remains mixed.

XRP and BNB

XRP has a score of 30.8/50, with funding and cycle signals consistent with the broader mild-correction backdrop across large caps, while BNB at 26.6/50 sits at the lower end of that short-term range despite holding a solid multi-day performance.