XRP HOLDS $1.03 — CLARITY ACT DELAY CONTINUES!
XRP is trading near $1.03**, down roughly **5.6% over the past month**. The token is defending the psychological **$1.00 level after dipping to $1.01.
Why XRP Is Under Pressure:
· XRP is uniquely tied to US regulatory developments
· The Senate confirmed no vote on the CLARITY Act before the August recess
· The bill will return in September
· Core dispute: ethics provisions limiting federal officials' crypto interests
The Bright Side: XRP spot ETFs returned to net inflows with $3.45 million, led by Bitwise and Franklin Templeton. Meanwhile, XRPL added confidential transfers for institutional tokenized assets.
Key Level: Support at $1.00**; resistance at **$1.05.
$CL
#XRP #Ripple #CLARITYAct #Regulation #Altcoins
XRP is trading near $1.03**, down roughly **5.6% over the past month**. The token is defending the psychological **$1.00 level after dipping to $1.01.
Why XRP Is Under Pressure:
· XRP is uniquely tied to US regulatory developments
· The Senate confirmed no vote on the CLARITY Act before the August recess
· The bill will return in September
· Core dispute: ethics provisions limiting federal officials' crypto interests
The Bright Side: XRP spot ETFs returned to net inflows with $3.45 million, led by Bitwise and Franklin Templeton. Meanwhile, XRPL added confidential transfers for institutional tokenized assets.
Key Level: Support at $1.00**; resistance at **$1.05.
$CL
#XRP #Ripple #CLARITYAct #Regulation #Altcoins