The CLARITY Act Fails 50 to 49: What’s Next for XRP, Bitcoin, Ethereum, and Solana Now That Congress Is Done for the Year?

The CLARITY Act failed in Congress with a 50 to 49 vote, marking the end of the legislative year. This outcome raises questions regarding the future of XRP, Bitcoin, Ethereum, and Solana. Simultaneously, market attention shifts to the Fed, which is scheduled to make a decision at 2 pm ET Wednesday. Investors are now analyzing how a potential interest rate hike will impact Bitcoin, XRP, and Ethereum following the legislative failure of the CLARITY Act.