Bitcoin edges up to $82,900 as France backs a stablecoin swap tax
Bitcoin rose 0.48% to $82,948 in a quiet session as a French committee backed a stablecoin swap tax and the XRP Ledger patched a decade-old bug.
Live chart · BTCUSD, XRPUSD, ETHUSD · TradingView
Bitcoin edged up 0.48% to $82,948 in a quiet session, with no single market catalyst in the latest headlines. The news flow turned to rules and plumbing instead: a French parliamentary committee backed a tax on stablecoin swaps, and the XRP Ledger disclosed an emergency fix for a decade-old bug.
Prices below are from a CoinGecko snapshot taken at 00:13 UTC on 11 October.
Bitcoin
Bitcoin traded at $82,948, up 0.48% over 24 hours and down 2.18% over seven days. The 24-hour range was tight, from $82,494 to $83,094, a spread of about $600. Spot volume came to $14.6 billion. The price is almost unchanged from our previous recap, which put Bitcoin near $82,900.
The calm fits a theme CoinDesk raised this week. Its volatility analysis found that Bitcoin's volatility has plunged, yet it counted 10 unusually large trading days in 2026, more frequent extreme swings than in 2018.
Ether and the other majors
Ether rose 0.8% to $2,505.81 but remains down 6.77% on the week. All large caps were higher on the day, though only Cardano is positive over seven days.
| Coin | Price (USD) | 24h % | 7d % |
|---|---|---|---|
| Ether (ETH) | 2,505.81 | +0.80 | -6.77 |
| BNB | 749.06 | +0.91 | -5.00 |
| XRP | 1.40 | +0.35 | -5.72 |
| Solana (SOL) | 110.03 | +0.89 | -8.11 |
| Dogecoin (DOGE) | 0.0858 | +0.40 | -7.76 |
| Cardano (ADA) | 0.2486 | +2.02 | +1.85 |
Solana carries the deepest weekly loss among the majors at 8.11%. Cardano led again with a 2.02% daily gain.
Market breadth and sentiment
CoinGecko puts total crypto market capitalisation at $2.814 trillion. Bitcoin dominance stands at 59.1% and Ether dominance at 10.8%.
The Crypto Fear & Greed Index from Alternative.me read 61 (Greed), down from 64 a day earlier. The index has stayed in Greed for eight straight days but has cooled from a peak of 73 on 6 October. It dipped to 59 on 9 October before bouncing.
The news drivers
France moves on stablecoin and exit taxes
Decrypt reports that a National Assembly committee adopted amendments taxing stablecoin swaps and crypto exits by wealthy holders. The same committee then rejected the revenue section of the 2027 budget, leaving the path of the measures unclear.
XRP Ledger patches a supply bug
According to CoinDesk, researchers showed how a payment could create spendable XRP without the sender funding it. The finding prompted an emergency software release. XRP added 0.35% on the day.
CFTC sharpens its claim on prediction markets
Decrypt reports that a proposed CFTC rule would fold event contracts tied to sports, politics, culture and weather into the swap definition. An interim rule excludes casino-style gambling.
Other headlines
- CoinDesk says daily Robinhood Chain transactions fell from 10.8 million to 6.2 million since mid-September.
- Decrypt reports that Meanwhile, a Bermuda-based life insurer that runs on Bitcoin, raised $37.5 million from backers led by Bain Capital Crypto.
- Cointelegraph reports that Justin Sun said Tron's post-quantum cryptography is live on testnet.
For the currency backdrop, our sister site covered the dollar's fourth weekly gain and Fed pause bets.
What to watch next
- French budget process. Whether the stablecoin swap and exit tax amendments survive after the committee rejected the revenue section, per Decrypt.
- Iran-linked seizures. Cointelegraph reported Treasury Secretary Scott Bessent said the US plans to seize $1 billion in Iran-linked crypto this week.
- Tether scrutiny. Decrypt reports Sen. Richard Blumenthal wants Cantor Fitzgerald to open its records on Tether.
- Tron mainnet. Sun said Tron is ready to bring quantum resistance to mainnet "at any time", according to Cointelegraph.
CryptoClick Desk
How we make this article: software gathers the market data and the news from the sources linked in the article, then cross-checks them. AI writes the text. People choose the sources, set the rules and run the process. Not investment advice.