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XRP and Bitcoin prices rise as softer US jobs data and CLARITY Act progress boost crypto market.

Market News
05 Jul 2026
Coingape
View Source
Bullish
pluang ai news

XRP and Bitcoin prices rallied this week, with Bitcoin briefly topping $63,000 and XRP gaining nearly 10%, driven by softer US jobs data easing inflation concerns and boosting risk appetite. The progress of the CLARITY Act, which aims to clarify crypto regulations in the US, remains critical as the Senate faces a tight timeline before its August recess. ETF inflows into Bitcoin and XRP also increased, signaling strong investor demand ahead of potential regulatory changes. Market watchers now focus on upcoming US inflation data and the Senate's action on the CLARITY Act to gauge future price movements.

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