#xrp
XRP CVD Plunges to -10.575M as Sudden Sell-Off Hits Market
The $XRP spot CVD has collapsed amid heavy selling pressure after the U.S. Senate failed to advance the CLARITY Act through a key cloture vote
For context, xrp fell more than 10% from around $1.40, and its spot Cumulative Volume Delta (CVD) on Bybit dropped to -10.575 million
In addition, the broader crypto market also fell after the result. Notably, the total crypto market cap lost $88 billion on Sept. 15, marking its biggest intraday decline since early June 2026.
Bitcoin dropped 3.26% to below $76,000, while Ethereum fell 4.66% to $2,300. Meanwhile, xrp ended the day down 9.81%, marking its largest daily decline since the 19% crash on Feb. 5.
Clarity Act Fails to Advance in Senate
For context, the U.S. Senate held its cloture vote on the Clarity Act on Sept. 15. The bill required about 60 votes to move forward to formal debate, but only 50 senators voted in favor, and 49 voted against it.
The result stopped the legislation from moving ahead and dealt a major setback to efforts to establish a broader federal framework for digital assets in 2026.
Senator Thom Tillis changed his vote from yes to no at the last moment. Other Republicans, including Senators Josh Hawley, Susan Collins, and Jerry Moran, also did not support the bill.
Republican leaders had continued changing the bill in the final days to gain more Democratic support. The latest changes included new ethics rules aimed at stopping senior government officials from profiting from crypto ventures.
However, those changes did not produce enough votes. The legislation had already gone through more than 120 changes to address Democratic concerns, while the crypto industry had spent large funds supporting the effort.
$XRP CVD Shows Sharp Selling Shift
$XRP’s spot order flow switched directions immediately after the vote. Before the result, the xrp chart on Bybit showed CVD at 6.512 million. This reading confirmed that aggressive buyers had been active and had pushed net spot buying up ahead of the vote#Write2Earn $XRP
XRP CVD Plunges to -10.575M as Sudden Sell-Off Hits Market
The $XRP spot CVD has collapsed amid heavy selling pressure after the U.S. Senate failed to advance the CLARITY Act through a key cloture vote
For context, xrp fell more than 10% from around $1.40, and its spot Cumulative Volume Delta (CVD) on Bybit dropped to -10.575 million
In addition, the broader crypto market also fell after the result. Notably, the total crypto market cap lost $88 billion on Sept. 15, marking its biggest intraday decline since early June 2026.
Bitcoin dropped 3.26% to below $76,000, while Ethereum fell 4.66% to $2,300. Meanwhile, xrp ended the day down 9.81%, marking its largest daily decline since the 19% crash on Feb. 5.
Clarity Act Fails to Advance in Senate
For context, the U.S. Senate held its cloture vote on the Clarity Act on Sept. 15. The bill required about 60 votes to move forward to formal debate, but only 50 senators voted in favor, and 49 voted against it.
The result stopped the legislation from moving ahead and dealt a major setback to efforts to establish a broader federal framework for digital assets in 2026.
Senator Thom Tillis changed his vote from yes to no at the last moment. Other Republicans, including Senators Josh Hawley, Susan Collins, and Jerry Moran, also did not support the bill.
Republican leaders had continued changing the bill in the final days to gain more Democratic support. The latest changes included new ethics rules aimed at stopping senior government officials from profiting from crypto ventures.
However, those changes did not produce enough votes. The legislation had already gone through more than 120 changes to address Democratic concerns, while the crypto industry had spent large funds supporting the effort.
$XRP CVD Shows Sharp Selling Shift
$XRP’s spot order flow switched directions immediately after the vote. Before the result, the xrp chart on Bybit showed CVD at 6.512 million. This reading confirmed that aggressive buyers had been active and had pushed net spot buying up ahead of the vote#Write2Earn $XRP
