XRP Price Tanks 9% as CLARITY Act Vote Falls Through
XRP's price took a hit after a failed procedural vote on the CLARITY Act left regulatory ambiguity surrounding the token.
The news led to a selloff, with XRP shedding over 9% in less than 12 hours and trading at $1.30 as of now.
Ripple CEO Brad Garlinghouse acknowledged the setback, calling it 'a stings' in a post on social media.