Senate Delays CLARITY Act Vote Until September, Crypto Markets Remain Cautious

The U.S. Senate has delayed the vote on the CLARITY Act until September, causing regulatory uncertainty in the cryptocurrency market.

Bitcoin price remains above $64,400, while Ethereum stays above $1,900, and XRP hovers near $1.05.

Senate Majority Leader John Thune confirmed that the vote will not take place before the August recess, with a 13% chance of the bill passing in 2026, down from almost 50% earlier this month.

Bitcoin's price eyes a major breakout at $66,500, which could drive it to $68,000 and eventually $70,000 if momentum continues.

Ethereum's price needs to reclaim the $2,000 level to reach its next target of $2,100.