US Senate Digital Asset Market Clarity Act vote on September 15 could trigger 7–10% XRP price drop if it fails to reach 60 votes needed to advance.
Regulation & Gov ·
The US Senate is scheduled to vote on the Digital Asset Market Clarity Act on September 15, with 60 votes required to advance the bill. The measure seeks to establish a unified federal regulatory framework for crypto assets, an outcome viewed as potentially favorable for XRP holders given Ripple's protracted legal dispute with the SEC. According to analysis, a failed vote could trigger an initial XRP price decline of 7% to 10%, with the token potentially trading between $1.20 and $1.25.
The vote outcome carries significance because legislative clarity on digital assets could reduce regulatory uncertainty surrounding tokens like XRP. A failure to reach the 60-vote threshold would signal continued gridlock on federal crypto regulation, removing a near-term tailwind for the asset class. Additional downward pressure could materialize if such a setback coincides with hawkish monetary policy signals from the Federal Reserve.
It remains unclear how many senators currently support the measure or whether procedural votes are likely to succeed. The timing and market conditions surrounding the vote—particularly Fed communications—will likely shape the magnitude of any price response.