XRP Falls 9% to $1.28 After Senate Blocks CLARITY Act Debate

RegulationPrice ActionDigital Finance
โดย 247wallst.com·US·Read original
Summary · why it matters

XRP dropped 9% to $1.28 after the Senate failed to open debate on the CLARITY Act, falling 9.4% over 24 hours and 10.7% over the week while Bitcoin lost only 1.2%. The Senate rejected cloture 49 to 50, eleven votes short of the 60 required, a vote that would only have begun floor debate on a bill that would have written XRP's legal clarity into statute. Coinbase ended down 8.65% and Circle about 11%, both more exposed than XRP to the market-structure rules the bill would have set, while Polymarket odds of the bill being signed into law by 2026 collapsed from 90% in February to 5%. XRP retains its SEC-CFTC commodity classification from a joint document issued on March 17, 2026, five live spot ETFs with $1.70 billion in cumulative net inflows, and Ripple's August 2025 SEC settlement, leaving its legal standing unchanged. With the Fed's rate decision due at 2 PM ET and CME FedWatch showing a 92% likelihood of a 25 basis point increase, XRP's key support sits at $1.25, $1.21, $1.10 and $0.9877, with resistance from $1.33.

Impact on stocks 2

Digital Finance & Tokenization▼ · 2 stocks
Coinbase Global Inc
COIN
▼ NegativeRegulationrelevance

Coinbase fell 8.65% as the Senate blocked the CLARITY Act, market-structure rules it was more exposed to than XRP.

Circle Internet Group, Inc.
CRCL
▼ NegativeRegulationrelevance

Circle dropped about 11% after the Senate failed to advance the CLARITY Act, whose market-structure rules it was heavily exposed to.

Theme Impact 3

Off-coverage companies 1

Ripple Labs Inc.Private± Mixed
Regulationrelevance

Ripple is mentioned only via its August 2025 SEC settlement, which the article says leaves XRP's legal standing unchanged.

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