XRP reverses on whale buying after CLARITY Act collapse and Fed rate hike
XRP swung from below $1.30 to above $1.40 on a day defined by a Senate setback and a Fed rate increase. The CLARITY Act failed to advance, leaving crypto regulation without new legislation. Whales accumulated 1.54 billion tokens over 96 hours, recovering the price above $1.40. The picture remains contested.
Developing from earlier
XRP fell below $1.30 after the Senate rejected the CLARITY Act and the Fed raised rates, then recovered above $1.40. Ripple argued that XRP's existing legal status already provides sufficient clarity without new legislation. The whale accumulation of 1.54 billion tokens over 96 hours occurred during the price dip. The desk flagged a verified disagreement among the reports and marked the story as disputed.
XRP drops below $1.30 on CLARITY Act failure and Fed rate hike before rebounding on whale accumulation
XRP fell below $1.30 after a failed Senate vote on the CLARITY Act and a Fed rate hike, then recovered above $1.40 as whales accumulated 1.54 billion tokens over 96 hours.
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