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XRP Falls 10% as Clarity Act Vote Fails and Bitcoin Nears $76,000

XRP dropped 10% and bitcoin moved toward $76,000 after a 49-50 Senate procedural vote left the Clarity Act 11 votes short of the support needed. CoinDesk reported declines across every major token.

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XRP Falls 10% as Clarity Act Vote Fails and Bitcoin Nears $76,000
XRP fell 10% after the Senate failed to advance the Clarity Act, while bitcoin slid toward $76,000, according to CoinDesk. The procedural vote ended 49-50, leaving the crypto market structure bill 11 votes short of the support required to move forward. The setback was accompanied by broad weakness across digital assets, with every major token declining. Bitcoin’s move toward $76,000 added to the pressure across the market, while XRP recorded one of the sharper losses highlighted in the report. The development keeps attention focused on the Senate’s handling of the proposed crypto market structure legislation and its implications for market sentiment. Related assets covered in the market include BTC and XRP, alongside ARK, BILL, ENA, EDU and PRO, all of which were affected by the broad market decline.
Source CoinDesk This is an original Moneyiar brief based on the cited source.
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