On September 16, a key procedural vote on the “CLEAR Act” failed to pass, weakening the digital asset market afterward. Major coins such as Bitcoin, Ethereum, Binance Coin, Solana, and others fell by 3% to 5%. Among them, XRP reacted more sharply, with a single-day decline of more than 9%.
Because XRP had long been affected by regulatory attribution disputes, the market had originally expected the bill to clarify the respective responsibilities of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), and give XRP a clearer “commodity” characterization. After the vote was blocked, the regulatory outlook became unclear again. Some institutional funds that had previously bet on compliance-positive developments chose to lock in gains or reduce risk.
In terms of price, XRP has already fallen below $1.3. This level may shift from support to resistance, and the likelihood of a short-term dip toward the $1.00 round-number level is rising. However, after Bitcoin briefly fell below $75,000 in the morning and then rebounded, it suggests that the impact of the blocked CLEAR Act on the broader market remains relatively controllable. XRP also has a chance to return near $1.3.
Next, the market will focus on the Federal Reserve’s scheduled monetary policy meeting. If the meeting decides to raise interest rates by 0.25 percentage points, XRP’s upward momentum may be dampened, and it could trade in choppy conditions with a move toward testing $1;
$BTC $ETH $XRP
#美联储加息是否已成定局 #美参议院否决CLARITY法案
Because XRP had long been affected by regulatory attribution disputes, the market had originally expected the bill to clarify the respective responsibilities of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), and give XRP a clearer “commodity” characterization. After the vote was blocked, the regulatory outlook became unclear again. Some institutional funds that had previously bet on compliance-positive developments chose to lock in gains or reduce risk.
In terms of price, XRP has already fallen below $1.3. This level may shift from support to resistance, and the likelihood of a short-term dip toward the $1.00 round-number level is rising. However, after Bitcoin briefly fell below $75,000 in the morning and then rebounded, it suggests that the impact of the blocked CLEAR Act on the broader market remains relatively controllable. XRP also has a chance to return near $1.3.
Next, the market will focus on the Federal Reserve’s scheduled monetary policy meeting. If the meeting decides to raise interest rates by 0.25 percentage points, XRP’s upward momentum may be dampened, and it could trade in choppy conditions with a move toward testing $1;
$BTC $ETH $XRP
#美联储加息是否已成定局 #美参议院否决CLARITY法案
