Bitcoin and XRP prices entered the week with stronger momentum as traders assessed September’s approaching CLARITY Act vote.
Bitcoin traded above $77,000 after recording its largest weekly dollar gain, while XRP hovered near $1.47 following a powerful rebound.
CLARITY Act Nears September 15 Senate Vote
The Senate’s procedural vote is set for Sept. 15 to determine whether to proceed to debate. The cloture motion needs 60 votes and there is uncertainty despite political backing for clearer cryptocurrency rules.
The proposed legislation would establish boundaries between the Securities and Exchange Commission and Commodity Futures Trading Commission.
But the bill still faces unresolved disagreements. Some legislators wish to increase the level of deposit insurance for community banks’ securities and beef up the ethics requirements for elected officials.
Trump urged Congress to pass a fair version of the CLARITY Act to protect America’s leadership in digital assets. The law will pave the way for another round of innovation nationally, said he. However, prediction market participants remain doubtful about its approval prospects.
Trump: Congress Should Pass a Fair Version of the CLARITY Act
On August 19, U.S. President Donald Trump @realDonaldTrump said at a White House event with technology industry leaders that the United States had launched “Project Crypto” to facilitate the adoption of blockchain… pic.twitter.com/PnlL42kloc
— Wu Blockchain (@WuBlockchain) August 23, 2026
Polymarket users currently assign only a 16% chance that the controversial bill will pass during 2026. The low probability suggests that political disagreements over the proposed regulatory framework for cryptocurrencies remain.
Bitcoin and XRP Price Outlook Ahead of the September Senate Vote
Bitcoin price may continue to recover if, as lawmakers move forward with the measure, broader market conditions continue to be favorable. If this rally continues, resistance may lie close to $85,000 ahead of $90,000.
If it breaks $80,000, it could reverse into profit-taking from the recent advance. The future Bitcoin outlook might then retest the $72,000 to $75,000 price range where interest could return.
However, with the clarity of regulations being especially important for payment use of cryptocurrencies, XRP may respond more heavily. Investor sensitivity to American policy developments continues to be influenced by its former legal battle with the SEC.
XRP will remain in a positive short-term outlook as long as it trades above $1.40 ahead of the Senate vote. Strong demand may push the token up to $1.60 with resistance at $1.75.
Rejection or additional delay may cause the sentiment to sour and push XRP down to $1.40. In this case, the $1.25 level could be the next major supportive level for the market.
Bitcoin and XRP ETFs Record Strong Inflows as Institutional Demand Returns
The past reporting week saw high demand for Bitcoin and XRP exchange-traded funds.
Spot Bitcoin ETFs recorded $1.918 billion in net inflows between August 17 and August 21.
In the meantime, XRP ETFs posted a $39.78 million increase, signaling a new institutional appetite for cryptocurrencies.
Spot Bitcoin ETFs Recorded $1.918 Billion in Net Inflows Last Week
From Aug. 17 to Aug. 21 (ET), spot Bitcoin ETFs recorded net inflows of $1.918 billion. Spot Ethereum ETFs saw net inflows of $697 million, while spot Solana ETFs recorded $28.34 million, spot XRP ETFs $39.78… pic.twitter.com/K9F273H8t9
— Wu Blockchain (@WuBlockchain) August 24, 2026
Ethereum funds also raised $697 million, the second highest among all the funds in terms of weekly inflows.
Spot Solana ETFs had $28.34 million added, while HYPE funds had $3.89 million added, though this was a smaller figure.
The numbers suggest that Bitcoin continued to be the top investment choice for ETF holders in the overall market rebound.