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Bitcoin dips to October lows as Ripple-backed Evernorth plans Nasdaq debut on Oct 12

Market News
10 Oct 2026
UToday
View Source
Neutral
Bitcoin dips to October lows as Ripple-backed Evernorth plans Nasdaq debut on Oct 12

Bitcoin fell to an October low near $80,420 before recovering to about $83,000 amid heavy selling and large liquidations. Ripple-backed Evernorth, a company focused on XRP digital asset treasury, is set to list on Nasdaq under ticker XRPN on October 12, marking a significant step for XRP institutional adoption. Ripple also activated a new XRP Ledger feature allowing delegated account permissions, enhancing security and usability for businesses. Meanwhile, altcoins like Shiba Inu weakened, and regulatory pressure mounts in the EU for stablecoin compliance by 2027.

As of October 11, 2026, 01:51 WIB, Bitcoin trades at Rp1.481.017.963 on Pluang, showing a modest 0.51% gain over the past day despite the article noting a recent dip to October lows. In contrast, XRP is up 1.18% to Rp25.051, reflecting stronger short-term momentum. Bitcoin's market cap of Rp29.819,08T vastly exceeds XRP's Rp1.584,07T, highlighting the scale difference even as XRP advances with new institutional and technical developments.

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