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XRP price dips 4.4% amid key German tax and Nasdaq listing events this week

Market News
07 Oct 2026
CryptoTicker
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Neutral
XRP price dips 4.4% amid key German tax and Nasdaq listing events this week

XRP's price dropped 4.4% to $1.4445 on October 7, 2026, influenced by upcoming events including the delayed Nasdaq listing of Evernorth's XRP treasury shares on October 12 and critical German tax discussions. The Bundestag's Petitions Committee will review a petition to maintain the crypto tax holding period on October 12, followed by the federal cabinet's consideration of a bill to abolish this holding period for new purchases starting 2027. These developments significantly impact XRP investors in Germany, especially regarding tax treatment differences between direct XRP holdings and shares in the XRP treasury company. Investors should note the December 31, 2026 cut-off for existing tax rules and prepare for new regulations in 2027.

The XRP price prediction and XRPN debut delay provide context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 07, 2026 22:32 WIB: out of 50 major cryptocurrencies, only 5 rose while 44 fell. Notable movers include SXP (Solar) down 46.27% at Rp37 with a typical hold time of 94 days, EGLD (MultiversX) down 12.34% at Rp71,024 with 57% sell order activity, and ENJ (Enjin Coin) down 12.11% at Rp520 with 69% sell order activity and a typical hold time of 104 days.

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