From Yahoo Finance · · 1m
XRP Plummets After CLARITY Act Senate Failure
XRP crashes 9% as Senate kills key crypto bill, legal status unchanged
In brief
XRP crashes 9% as Senate kills key crypto bill, legal status unchanged XRP's legal standing remains intact despite Senate vote failure Originally reported by Yahoo Finance.
XRP Drops 9%
XRP fell 9.4% in 24 hours after Senate failed to open debate on the CLARITY Act
“the world was watching”
CLARITY Act Fails
Senate rejected cloture 49 to 50, eleven votes short of 60 needed for debate
XRP's Legal Status
XRP remains SEC-CFTC commodity with five spot ETFs holding $1.7 billion net inflows
Market Reaction
Coinbase dropped 8.65% and Circle 11% as exchanges face stricter regulation
XRP Support Level
XRP trades 2.4% above $1.25 support ahead of Fed rate decision at 2 PM ET
Fed Rate Decision
Fed likely raises rates 25 basis points, testing XRP's $1.25 support level
XRP Settlement
Ripple's SEC settlement finalized in August 2025 cannot be reopened
The bottom line
XRP's legal standing remains intact despite Senate vote failure
