XRP
XRP Defends $1 Level as Legislative Uncertainty Clouds Short-Term Outlook
The token bounced from $1.01 to $1.04 this week, but remains pressured by doubt surrounding the CLARITY Act's path to passage before a September vote.
XRP held its ground near the $1 psychological support level after dipping briefly, recovering toward $1.04 as the week progressed. Uncertainty around the CLARITY Act's legislative progress continues to weigh on the asset, with a Senate vote scheduled for September. Despite the bounce, XRP remains the poorest performer among major cryptocurrencies over the current trading week.
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