Bitcoin, Ethereum and XRP remain cautious as the CLARITY Act vote moves to September. Here are the key price levels traders are watching.
BTC$64,985.00+0.10%
ETH$1,919.41+0.40%
XRP$1.04+0.30%The Bitcoin, Ethereum and XRP price outlook remains cautious after the U.S. Senate delayed its vote on the CLARITY Act until September. The delay has added another layer of uncertainty for the crypto market, with traders now watching both regulatory developments and key technical price levels.
Senate Majority Leader John Thune confirmed that lawmakers will return to the bill after the August recess. Prediction markets now give the CLARITY Act only about a 16% chance of becoming law in 2026, down sharply from earlier expectations.
Related: CLARITY Act faces September challenge as Senate support remains uncertain
Our previous report looks at the key issues that could make the September Senate vote difficult, including stablecoin rewards and ethics rules.
Bitcoin was trading above $64,400 as traders assessed the impact of the CLARITY Act delay.
Despite the regulatory uncertainty, Bitcoin continues to receive support from institutional demand. U.S. spot Bitcoin ETFs recorded $129 million in net inflows on August 6, marking a fourth straight positive session.
Ether ETFs also recorded strong demand, with net inflows of about $92.15 million over three days.
The immediate Bitcoin resistance level is around $66,500. A clear break above this level could open the path toward the psychological $68,000 level.
If Bitcoin moves above $68,000 with strong buying volume, the next target could be around $70,000.
On the downside, $63,000 is an important support level. A break below it could push BTC toward $61,500, followed by the stronger support zone near $60,000.
The key levels to watch are:
Ethereum is holding above $1,900, keeping its short-term recovery structure intact.
The first major resistance is around $1,950. A daily close above this level could give ETH enough momentum to test the psychological $2,000 mark.
If Ethereum breaks and holds above $2,000, the next target could be around $2,100.
However, traders will also need to watch the downside. The $1,850 area is an important short-term support level. Losing this zone could send ETH toward $1,800.
XRP is trading near $1.05 after the CLARITY Act vote was pushed to September.
The token is still holding above the important $1.00 support level, which keeps the short-term recovery setup alive.
The first resistance is near $1.08. A breakout above this level could allow XRP to move toward $1.12.
If buying pressure continues, the next major target could be $1.18.
However, the picture would become weaker if XRP falls below $1. A sustained break under this level could send the price toward $0.95.
The Senate's decision to postpone the CLARITY Act vote removes a potential short-term regulatory catalyst for the crypto market.
Lawmakers now have more time to negotiate the bill before returning in September. Until then, Bitcoin, Ethereum and XRP prices could remain sensitive to technical levels, ETF flows and broader market sentiment.
Bitcoin needs to break above $68,000 to strengthen its bullish setup. Ethereum needs to reclaim $2,000, while XRP needs to clear $1.12 to build stronger momentum toward $1.18.
The September CLARITY Act vote could become another major catalyst for all three assets. Until then, traders are likely to focus on whether the current support levels continue to hold.
Missed the latest market action? Read our Crypto Market Update August 7 to see how Cardano led gains while XRP extended losses as weekly crypto ETF inflows approached $1 billion.
Trump Media is scaling back several crypto plans with Crypto.com as the digital asset treasury market becomes more competitive.
BTC
Circle has launched native USDC and CCTP on OKX’s X Layer, expanding stablecoin access for payments, DeFi, trading, and AI-powered applications.
The CLARITY Act faces a tough Senate vote in September as lawmakers remain divided over stablecoin rewards, ethics rules, and the bill’s broader crypto market structure.
