XRP’s price has declined following the U.S. Senate’s decision to remove the Clarity Act from its legislative calendar. This cryptocurrency market structure bill had passed the Senate Banking Committee before being dropped, adding regulatory uncertainty. Market participants are also concerned about the upcoming Federal Reserve monetary policy decision, with hawkish positions historically impacting digital assets. The odds of XRP reaching $3.00 by August 1, 2026, are estimated at less than 1%, reflecting investor caution amid regulatory and macroeconomic uncertainties.
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