Top Weekly Crypto News: Big XRP Day This Monday, Bitcoin Drops to October Lows, Ripple Advances XRPL Privacy Features - U.Today

Crypto markets reversed during the week as Bitcoin slid from the $87,000 area toward $80,000 amid stronger selling. By Oct. 10, BTC recovered to around $83,000, but the broader market remained under pressure. On Oct. 9, Bitcoin hit an October low of $80,420 before rebounding toward $83,000. U.S. authorities transferred 17,733 BTC (about $1.484 billion) to Coinbase Prime, coinciding with a derivatives-market correction that triggered liquidations wiping out roughly $859 million in long positions. Spot Bitcoin ETFs logged $244.13 million in net outflows. Ripple’s XRP Ledger introduced PermissionDelegationV1_1 on Oct. 8, enabling businesses to delegate up to 10 account-permission roles to third-party applications without exposing master keys. Separately, Ripple-backed Evernorth merged and is set to start trading on Nasdaq Oct. 12 under XRPN after its combination and ticker shift.