According to U.Today, on October 9, XRP maintained a price around $1.39 while Bitcoin declined to its October lows following the completion of a $1.48 billion U.S. government transfer involving XRP.
The U.S. government transfer refers to a transaction that moved $1.48 billion in U.S. funds using XRP as part of the settlement process. This action coincided with broader market pressure causing Bitcoin to reach its lowest point for the month.
XRP’s price stability occurred despite the simultaneous movement linked to the government transfer and the broader market reaction affecting Bitcoin.
