Bitcoin Stalls Near $64K While XRP Slides on CLARITY Act Delay

Bitcoin held near $64,200 on Friday, largely flat for the week, after the Senate confirmed it would not vote on the CLARITY Act before its August recess, weighing on sentiment across major crypto assets.

XRP Hit Hardest

XRP was the weakest performer among majors, down more than 3% on the day to $1.01 and 5.5% over the week. Solana slipped over 1% to nearly $73, Dogecoin eased under 7 cents, and ether stayed flat around $1,897. BNB held at $591, up 1% weekly, while Hyperliquid’s HYPE led majors over seven days at 1.3% despite dipping slightly on the day.

Bill’s Path Remains Uncertain

The legislation needs 60 votes to pass, and it’s unclear whether it currently has even 50. Some Republicans have voiced opposition, while Democrats want stronger provisions preventing President Trump from profiting off crypto while in office. Trump disclosed over $1 billion in crypto-related income in 2025. Senate Majority Leader John Thune said a vote will come in September, when lawmakers return September 14 facing a packed schedule.