XRP leads majors losses as Clarity Act vote slips to September
Bitcoin, ether showed slight losses while Ripple-linked XRP fell 5.5% on the week, the worst of the majors, as the Senate left Washington without taking up the market structure bill.
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Summary
- Bitcoin hovered around $64,300 and was flat on the week as the Senate delayed a vote on the Crypto Clarity Act until at least September.
- Major cryptocurrencies were mixed, with XRP leading declines while BNB and Hyperliquid’s HYPE outperformed over the past seven days.
- Inflows into spot bitcoin funds have helped defend support near $63,000 to $64,000, but upcoming U.S. jobs and inflation data could determine whether bitcoin retests resistance around $66,000 or falls back toward $63,000.
