XRP, DOGE Surge 5%, Bitcoin Above $81K as CLARITY Act Advances

XRP and dogecoin surged 5% on Friday, leading a broad crypto rally that pushed bitcoin above $81,000 after the Digital Asset Market Clarity Act (CLARITY Act) cleared the Senate Banking Committee in a 15-9 bipartisan vote.

The CLARITY Act, which aims to provide a regulatory framework for digital assets, advanced through the committee with support from both parties, signaling potential progress toward clearer rules for the crypto industry. The vote came as broader risk assets sold off following comments from former President Trump that the US does not need to reopen the Strait of Hormuz, but crypto markets diverged sharply, with XRP and dogecoin outperforming. Live crypto prices and charts on NowPrice show bitcoin trading above $81,000, while XRP and DOGE posted gains of around 5% each, reflecting optimism that regulatory clarity could boost institutional adoption.

Traders are now watching for the next legislative steps as the CLARITY Act moves to the full Senate floor. The bill's progress could influence market sentiment for digital assets tied to US regulatory outcomes, including XRP, which has faced legal uncertainty. Meanwhile, bitcoin's resilience above $81,000 amid a risk-off tone in equities highlights its growing correlation with regulatory developments rather than traditional macro factors. Key levels to monitor include bitcoin's resistance near $82,500 and support at $80,000, with the broader crypto market cap reacting to any further updates on the bill's timeline.