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Crypto News Today: Bitcoin and XRP Could Rally if Senate Approves the CLARITY Act Soon
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Bitcoin and XRP held firm on March 15 as traders tracked both market momentum and policy risk in Washington. Bitcoin traded near $71,569, while XRP changed hands around $1.43 after both assets posted modest daily gains.
The focus now sits on the CLARITY Act, a US digital asset market structure bill that supporters say could reshape sentiment if it moves forward in the Senate.
The CLARITY Act seeks to draw clearer lines between securities and commodities in digital asset markets. A Senate Banking Committee fact sheet says the bill would define oversight rules, tighten illicit finance controls, and create a framework for centralized digital asset intermediaries. This has kept the proposal at the center of market discussion as investors look for signals on future regulation.
Recent comments from Galaxy Digital research head Alex Thorn added urgency to that debate. Thorn said the bill’s chances in 2026 would fall sharply if it does not clear the committee by the end of April, and he said it would likely need Senate floor time in early May to stay on track. Reports on March 15 also pointed to legislative scheduling and stablecoin-related disagreements as key hurdles.
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