Crypto

XRP Price Plummets Below $1 Amid CLARITY Act Delays

Guavy AI Editorial Team Published August 13, 2026

Instruments

XRP

XRP's price plummeted below $1 for the first time since November 2024, hitting a new bear market low of $0.9952 amidst a broader crypto downturn.

The decline is linked to delays in the US Senate passing the CLARITY Act, which would provide clearer regulations for cryptocurrencies.

Despite bearish trends, some accumulation by large holders and derivatives buyers suggests potential for reversal if XRP can close above $1.16.

The Wire

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