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Crypto

CLARITY Act Failure Sends XRP Plummeting

Guavy AI Editorial Team
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BTC XRP
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XRP was hit hardest after the US Senate's failure to advance the Digital Asset Market CLARITY Act on Tuesday.

According to trading data, XRP's cumulative volume delta plummeted to negative 10.5 million as its price dropped by around 8% over the past 24 hours.

This was one of the worst showings among top cryptocurrencies, with XRP falling more than 10% for the week, significantly behind Bitcoin and other major coins.

Xaif Crypto, an analyst, noted that the cumulative volume delta's extreme drop suggests aggressive selling rather than just profit-taking.

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