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CLARITY Act stalls in Senate over crypto rules; Bitcoin falls 22% from May peak

Market News
13 Jul 2026
Crypto Briefing
View Source
Bearish
pluang ai news

The CLARITY Act, a key U.S. cryptocurrency regulation bill, is stalled in the Senate due to disagreements over restrictions on officeholders, with Senator Warren pushing for specific rules opposed by the White House. Despite this, major market structure provisions favored by firms like Coinbase and Circle have been agreed upon. Bitcoin's price has dropped 22% from its May high of $80,000 amid the legislative uncertainty. Observers are watching for a third Democratic senator to support the bill, which could help break the deadlock before the August recess.

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XRP price dips below $1 amid bearish signals and trader skepticism

XRP price dips below $1 amid bearish signals and trader skepticism

XRP price fell below the key $1 level, trading near $0.9992 and marking a 72.6% drop from its all-time high of $3.65. Veteran trader Peter Brandt criticized XRP, saying he would convert a hypothetical 500,000 XRP holding to Bitcoin, reflecting bearis...

Market News
Bearish
4 hours ago
Tapestry rated Buy as Coach's growth offsets Kate Spade's weakness, with strong international expansion and buybacks.

Tapestry rated Buy as Coach's growth offsets Kate Spade's weakness, with strong international expansion and buybacks.

Tapestry's stock is rated Buy following a sharp sell-off after its earnings report, driven by strong performance from Coach, which is fueling high-margin growth and international expansion. Coach's pricing power, success in attracting Gen Z customers...

Analyst Insights
Bullish
4 hours ago
XRP briefly dips below $1 amid trader skepticism, then rebounds to $1.06 on volatile crypto market.

XRP briefly dips below $1 amid trader skepticism, then rebounds to $1.06 on volatile crypto market.

XRP briefly fell below the key $1 level on August 16 before recovering to around $1.06 during a volatile session. Veteran trader Peter Brandt criticized XRP, stating he would convert a hypothetical 500,000 XRP holding into Bitcoin immediately, reflec...

Market News
Bearish
4 hours ago
Solana (SOL) now tradable on XRP Ledger's DEX via Axelar's wrapped SOL, boosting blockchain interoperability.

Solana (SOL) now tradable on XRP Ledger's DEX via Axelar's wrapped SOL, boosting blockchain interoperability.

Solana's token (SOL) is now accessible for trading on the XRP Ledger's native decentralized exchange through a wrapped SOL asset issued by Axelar. This development enhances interoperability between the Solana and XRP Ledger ecosystems, allowing users...

Market News
Bullish
4 hours ago
Dogecoin eyes $0.177 after breaking key resistance with 30B DOGE traded previously

Dogecoin eyes $0.177 after breaking key resistance with 30B DOGE traded previously

Dogecoin is showing technical signs of a potential upward move, with a key resistance level at $0.0813 where 30 billion DOGE were previously transacted. If Dogecoin sustains a close above this level, it could target the next resistance at $0.177. The...

Technical Signals
Bullish
4 hours ago
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