XRP Slips to $1.09 Ahead of Crucial CLARITY Act Deadline

XRP saw a minor setback recently, falling 1.26 percent to trade at $1.09. This price dip comes as regulatory uncertainty and wider market pressure weigh heavily on buyer demand. The broader cryptocurrency market also slipped 1.42 percent over a 24 hour period, bringing total market capitalization down to $2.18 trillion.

Bitcoin mirrored this downward trend, dropping 1.24 percent. Rising Treasury yields and lingering geopolitical tensions are pushing many investors toward safer, traditional assets. While XRP managed to trade near $1.12 recently, sellers stepped in to cap further gains as the market waits for clear direction.

All eyes are now fixed on the upcoming CLARITY Act deadline. This approaching decision could finally bring much needed regulatory certainty to the digital asset sector. Traders should watch key support levels near $1.09 closely to see if buyers can defend current prices or if further declines are ahead.