Draft Clarity Act Spurs 5.9% Ripple Rally as CPI Eases Below Forecasts
XRP jumped 5.88% Tuesday after the Senate Banking Committee released a draft Clarity Act proposing to classify XRP alongside Bitcoin and Ethereum under simplified regulations. A CPI rise of 0.2% monthly and 2.6% annually, below forecasts, has boosted investor expectations for multiple Fed rate cuts, supporting crypto demand.
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