XRP Beat Bitcoin Gains as CLARITY Act Advanced, but a Real Bullrun Still Needs Congress
The token gained 6.6% to $1.54 as traders bet clearer rules could draw more institutional money and boost spot XRP products.
- On Thursday, the Senate Banking Committee advanced the CLARITY Act in a 15-9 vote, with XRP rallying 6.6% to a session high of $1.54 and briefly breaking above the $1.50 resistance level.
- Years of legal uncertainty surrounding XRP prompted the regulatory push, as the Digital Asset Market Clarity Act aims to establish whether tokens should be treated as commodities or securities in the United States.
- SoSoValue data shows XRP holding above a key moving average zone around $1.42 to $1.48, with the RSI hovering around the mid-50s to 60 range and volume surging to over 21 million.
- Market sentiment has improved following steady inflows into spot XRP ETFs, as investors believe clearer legal structures may allow regulated financial institutions to interact with XRP more freely through custody and settlement.
- Traders are watching for a breakout above $1.50 toward the $1.65 to $1.80 range if regulatory momentum continues, though the asset's direction ultimately depends on how the full Senate handles the bill.
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13 Articles
XRP beat bitcoin gains as CLARITY Act advanced, but a real bullrun still needs Congress
The token jumped 5% after a Senate committee moved the market-structure bill forward, reviving hopes that legal clarity can pull deeper institutional money into XRP products.
Ripple (XRP) tests $1.43 support amid mixed market sentiment – #CryptoUpdatesGNIT
Key takeaways Ripple (XRP) tests support at $1.43 amid selling pressure from the $1.50 supply zone. Institutional ETF inflows rebound to $1.37B, while futures open interest rises to $3.09B, signaling cautious optimism. Ripple (XRP) is grinding lower on Friday, testing key support at $1.43 after being capped by strong selling from the $1.50 supply range since Monday. Despite the US Senate Banking Committee advancing the Digital Asset Market Cl…
Ripple (XRP) tests $1.43 support amid mixed market sentiment - Invest In Crypto News
Key takeaways Ripple (XRP) tests support at $1.43 amid selling pressure from the $1.50 supply zone. Institutional ETF inflows rebound to $1.37B, while futures open interest rises to $3.09B, signaling cautious optimism. Ripple (XRP) is grinding lower on Friday, testing key support at $1.43 after being capped by strong selling from the $1.50 supply range since Monday. Despite the US Senate Banking Committee advancing the Digital Asset Market Cl…
CoinStats - XRP Price Jump Leads On‑Chain Activity to Eru...
XRP broke above 1.54 on May 15, the first time in two months. The move was fueled by Clarity Act optimism and general crypto market strength. But the pump was short-lived. The entire market entered a “sell the news” event after the Senate Banking Committee vote, and XRP pulled back 41.42. Bitcoin also lost the
xrp jumps to $1.55 after clarity act advances
🚨 XRP jumps to $1.55 after the US Senate advances the CLARITY Act. Sentiment has become cautious as $XRP and major altcoins face volatility. Continue Reading:xrp jumps to $1.55 after clarity act advances The post xrp jumps to $1.55 after clarity act advances appeared first on COINTURK NEWS.
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