
The Senate has not scheduled a CLARITY Act vote. Bitcoin holds above $62,000 and XRP sits at $1.07 as traders watch for a White House decision on a bipartisan ethics proposal linked to the bill.
The Senate has not scheduled a floor vote on the CLARITY Act. Lawmakers return August 3, but the evening session that day covers H.R. 6500, a continuing resolution bill with no connection to the crypto legislation.
The total crypto market cap stood at $2.18 trillion on August 2. Bitcoin traded at $63,211, above the $62,000-$63,000 zone traders have tracked for weeks. Ethereum changed hands around $1,870. XRP traded at $1.07, near its immediate pivot of $1.06.
Polymarket gives the CLARITY Act a 30% chance of becoming law in 2026, down from earlier levels as Senate uncertainty persists.
The bill cleared the House by a 294-134 margin in July 2025. It later passed the Senate Banking Committee on a 15-9 bipartisan vote in May 2026. Committee approval does not guarantee a floor vote.
Sen. Cynthia Lummis told crypto journalist Eleanor Terrett that Senate leadership is still working to bring the legislation to a vote before the August recess. Lummis said Majority Leader John Thune has "kept a place for the Clarity Act."
The bill needs 60 votes to pass a cloture motion. Republicans hold 53 seats, meaning at least seven Democrats must support the procedural step.
A White House decision on a bipartisan ethics proposal linked to the bill could come within hours, according to a post from analyst Conor Kenny. The outcome would determine whether the Senate moves to a floor vote next week.
For Bitcoin, holding above $62,000 keeps the recovery structure intact. A move through $64,100 opens a run at $65,000 and $66,000, traders said. Losing $62,000 would undermine that setup.
Ethereum needs to clear $1,900 to target $1,950 and $1,970. Losing $1,800 would invite further selling.
XRP sits at $1.07, just above its $1.06 pivot. A confirmed move above $1.10 targets $1.13, then $1.20. A break below $1.06 could bring the psychological $1.00 level into play.
Senate leaders must file a cloture motion before a vote can proceed. No such filing has been announced. The chamber is expected to break for August recess within weeks, leaving a narrow window for action.
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