XRP falls three times as hard as bitcoin after the Senate blocks the CLARITY Act

ByFatimah Misbah Hussain
PublishedSeptember 15, 20269:26 PM EDT
9 minute read

Reviewed by Muhammad Zeshan SarwarFact-checked by Nouman S. Ghumman

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Frequently asked questions

Why is XRP falling?

XRP fell 9.3% over 24 hours to $1.29 after the US Senate blocked the CLARITY Act on a 49-50 procedural vote, per CoinGecko data captured at 1:20 a.m. UTC on Sept. 16, 2026. The bill would have set in law which tokens the SEC oversees and which fall to the CFTC, and XRP, whose classification has been disputed for years, carried more of that expectation than other large tokens.

How far did bitcoin and other crypto fall after the CLARITY Act vote?

Bitcoin fell 2.8% to $75,752, its lowest level against daily closes since Aug. 21. Ether fell 4.5%, Solana 5.2% and dogecoin 4.4%, while BNB lost 0.9% and the dollar stablecoins USDT and USDC held their pegs

What happened to the CLARITY Act in the Senate?

The cloture motion failed 49-50 on Sept. 15, 2026, eleven votes short of the 60 required. All Democrats voted no along with Republicans Susan Collins, Josh Hawley, Jerry Moran and Thom Tillis. Tillis filed a motion to reconsider, but the House has canceled its last two weeks of September and is not expected to vote before the November midterm elections.

What is the Crypto Fear and Greed Index now?

The index fell to 51, a neutral reading, from 69 a day earlier, according to alternative.me. That 18-point drop is the first reading outside greed in at least eight days, after readings between 56 and 69 over the prior week.

What happens to crypto regulation now that the bill failed?

Oversight stays with the Securities and Exchange Commission and the Commodity Futures Trading Commission through rulemaking and enforcement, case by case, alongside state attorneys general. A bipartisan group of 18 state attorneys general led by New York’s Letitia James had urged the Senate to reject the bill over its federal preemption of state fraud cases.

This article is for informational purposes only and does not constitute financial, investment, tax, or legal advice. Market data, tax rules, and prices can change after the article date. TECHi and its authors may hold positions in securities or digital assets mentioned. Always conduct your own research and consult a licensed financial, tax, or legal professional before making decisions.

Fatimah Misbah Hussain
@fatimah-misbahTechnology and markets writer | Semiconductors, AI funding and crypto policy

Fatimah Misbah Hussain reports on the money behind AI and chips: Samsung raising foundry prices while losing share, Alphabet’s first quarter of AI cash burn and the roughly $10 billion financing stack behind Korea’s sovereign AI factory. US sanctions on crypto exchanges and X’s new payouts for original posts are also part of her beat.

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Source: www.techi.com