CoinDesk
XRP leads crypto losses as Clarity Act vote slips to September
August 7, 2026•01:17 AM
XRP led major cryptocurrencies with a 5.5% weekly decline, while Bitcoin and ether showed slight losses, as the Senate left Washington without advancing the market structure legislation. The postponement of the Clarity Act vote to September has created significant uncertainty in the crypto market. This legislative delay comes at a critical time for cryptocurrency regulation, with XRP already facing ongoing legal challenges. The lack of clarity on regulatory frameworks could continue to pressure crypto prices in the coming weeks, as investors eagerly await a clearer regulatory environment for the digital asset sector.
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