US Clarity Act Passes Senate Banking Committee…Bitcoin, XRP Show Strength

▲ XRP, Bitcoin (BTC)/AI generated image ©

With expectations rising for the passage of the US cryptocurrency market structure bill, the CLARITY Act, Bitcoin recovered the $81,000 level, while XRP and Hyperliquid led the bullish trend during the day.

According to crypto media outlet CoinGape on May 15 (local time), the US Senate Banking Committee passed the CLARITY Act, a US cryptocurrency market structure bill, with 15 votes in favor and 9 against. Senator Ruben Gallego and Senator Angela Alsbrooks, both Democrats, also voted in favor, securing bipartisan support, and the bill will now proceed to the Senate floor.

According to CoinMarketCap data as of 6:28 AM KST on May 15, Bitcoin (BTC) recorded $81,365, up 2.49% over 24 hours. Its market capitalization was estimated at $1.6297 trillion. Ethereum (ETH) rose 1.68% to $2,293, and XRP (Ripple) climbed to $1.50, showing a 5.63% increase over the day and 8.31% over the past 7 days. BNB also rose to the $679 level, continuing its 7-day upward trend of 5.75%.

The altcoin rally was also clear. Solana (SOL) rose 1.99% over 24 hours around $92, and Dogecoin (DOGE) increased by 2.84% around $0.115. Notably, Hyperliquid surged 12.96% in a single day, recording the strongest increase among major coins. Market analysis suggests that expectations of reduced regulatory uncertainty in the US stimulated a preference for risk assets.

Investor sentiment is also recovering rapidly. CoinMarketCap's Fear & Greed Index entered the neutral zone at 50, and the Altcoin Season Index recorded 41. The average cryptocurrency Relative Strength Index (RSI) was around 49.88, indicating a continuous inflow of buying interest without overheating concerns. Market interpretations suggest that investor sentiment, which had been shaken by recent US inflation shocks and ETF outflows, is rebounding again due to regulatory expectations.

The key going forward is whether the bill passes the Senate floor. CoinGape reported that discussions are planned for its integration with the Digital Commodity Intermediaries Act (DCIA) from the Senate Agriculture Committee, and only after passing a floor vote and House reconciliation procedures can it become law. Market forecasts also suggest that if the CLARITY Act enters the actual legislative phase, expectations for institutional capital inflow into Bitcoin and major altcoins could strengthen again.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*