XRP Price: How the Clarity Act Collapse Triggered a 10% Drop in 12 Hours

XRP dropped nearly 10% to $1.30 after the Senate failed to advance the Clarity Act in a 49-50 procedural vote. The bill needed 60 votes to move forward; multiple Republicans voted no. Ethics language around Trump, his family, and Cabinet members’ crypto holdings was the breaking point. Crypto equities were hit harder than tokens.