XRP Price Slides on CLARITY Delay as Analyst Flags Weak August Trend

XRP price fell by 2%, trading near $1.03, after the Senate delayed the CLARITY Act vote until September. While BTC and ETH remained relatively stable, XRP absorbed the majority of the market reaction to this delay. Analysts have flagged a weak August trend for the asset, focusing on key technical support levels as the market responds to the legislative postponement. The price slide directly correlates with the updated timeline for the CLARITY Act vote.