XRP jumps 5.94% to $1.44 ahead of Senate CLARITY Act vote
- —XRP +5.94% in 24 hours to $1.44, volume $4.6 billion (+28.94% vs average)
- —Senate vote on the CLARITY Act expected September 15
- —Grayscale allocated 26% of a new adviser portfolio to XRP
- —$9.46 million in shorts at risk of liquidation at the $1.4644 level
Why it matters: Passing the law would cement XRP's commodity status in statute, reducing its regulatory risk premium, though a sell-the-fact move is possible.
Source: DiarioBitcoin