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Bitcoin dips as U.S. ETFs see heavy outflows; Treasury drops crypto wallet rules; OKX valued at $25B with new investors.

Market News
10 Oct 2026, 09:12 WIB
Crypto news
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Neutral
Bitcoin dips as U.S. ETFs see heavy outflows; Treasury drops crypto wallet rules; OKX valued at $25B with new investors.

Bitcoin fell below early October gains amid significant withdrawals from U.S. Bitcoin ETFs, with nearly $729 million pulled in two days. The U.S. Treasury dropped two proposed crypto reporting rules targeting self-custody wallets and foreign mixers, easing regulatory concerns. OKX secured new institutional investors including Circle and Ripple, valuing the exchange at $25 billion pre-money. Ethereum developers advanced the Glamsterdam upgrade on the Sepolia testnet, signaling progress toward network improvements.

While Bitcoin faced notable outflows from U.S. ETFs, XRP on Pluang shows resilience with a price of Rp25.126 and a modest 1-day gain of 0.47% as of Oct 10, 2026 13:21 WIB. XRP's market cap stands at Rp1.591,31 trillion, supported by a strong buy sentiment of 74% among Pluang users. This contrasts with Bitcoin's volatility, highlighting XRP's relative stability in the current market environment.

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