Senator Cynthia Lummis warned Congress that failing to pass the Clarity Act this term would push market-structure legislation to 2030, with the Senate calendar leaving only four working days for House votes after September 14. XRP is holding a narrow $1.40 to $1.42 range with cumulative spot ETF inflows of $1.61 billion, as major players fight fiercely to defend this level. Bitcoin consolidates around $79,600 to $80,100, with spot ETFs posting their third consecutive day of inflows and net assets surpassing $101 billion. Derivatives markets forcibly liquidated $197.84 million across 65,155 traders in 24 hours, amid a Liquid Network sidechain exploit that triggered the withdrawal of $320 million in BTC. The total crypto market capitalization remains locked in a $2.77 to $2.80 trillion range, with Fed rate-cut expectations shifting to a hard 50/50 after August payrolls nearly tripled forecasts.
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