XRP Price Falls 2% as Senate Delays CLARITY Act Vote to September

XRP's price fell by 2% as the US Senate pushed back the vote on the CLARITY Act to September, removing a potential regulatory catalyst for the token.

The delay comes after XRP traded near $1.03 on August 7, down about 2.2% from its previous day's close, with selling pressure persisting across major exchanges.

Binance XRP open interest rose roughly 8%, while perpetual cumulative volume delta (CVD) moved deeper into negative territory, indicating a shift in trader positioning.