CLARITY Act Could Fail Today — Analysts Still Target $80K Bitcoin, $3K Ethereum and $4 XRP

• BTC-USD
• ETH-USD
• XRP-USD

• The Senate will hold a crucial procedural vote on the CLARITY Act at 2:15 pm ET on Sept. 15, with 60 votes required to advance it.

• Fresh objections from Democrats and banking groups have left the bill at serious risk despite President Donald Trump’s last-minute ethics concession.

• Analysts still predict bullish predictions for Bitcoin, Ethereum, and XRP.

The CLARITY Act faces a make-or-break Senate vote today as unresolved disputes threaten to derail the most consequential US crypto legislation in years.

Senators are scheduled to vote at 2:15 p.m. ET on Sept. 15 on whether to proceed with the Senate’s consideration of the bill.

Failure, however, could effectively end the bill’s chances before the November midterm elections.

That political uncertainty has not stopped analysts from publishing bullish targets for Bitcoin, Ethereum, and XRP.

CLARITY Act Remains in Danger Despite Trump Concession

Republican senators released a final 635-page draft of the CLARITY Act on Sept. 14.

The text followed a major concession from President Donald Trump on ethics restrictions.

It would prevent covered federal officials and their spouses from issuing digital assets or holding significant crypto interests. State attorneys general would also be allowed to enforce the rules.

Senators Cynthia Lummis, John Boozman, and Tim Scott said the draft contained 126 changes requested by Democrats.

“Democrats got what they wanted,” Lummis said.

“Now they need to take yes for an answer.”

However, the concessions have not yet secured the 60 votes needed to advance the bill.

Senator Adam Schiff said the ethics restrictions “don’t go far enough,”

“They likely would not apply in the current form to the first family,” he said.

Schiff also claimed the text contained “just too many carveouts.”

Trump’s sons remain closely linked to World Liberty Financial and other interests, raising concerns about the draft’s focus on officials rather than their children.

Pro-XRP attorney John Deaton said he predicted Democrats would reject the bill even if Trump accepted their demands.

“They refuse to give Trump any type of legislative victory before the midterms,” he wrote on X.

However, opposition is not limited to Democrats.

Eight banking trade groups have criticized a new stablecoin “circuit breaker” included in the final text.

The measure is intended to protect community banks if customers move deposits into reward-bearing stablecoins.

But the groups called it “not a safeguard at all.”

Source: finance.yahoo.com