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The price of XRP may experience sharp fluctuations over the next week, as U.S. Congress sessions resume on April 13 after a two-week holiday. Speculation is increasing that Congress will discuss the CLARITY Act again, after top U.S. financial officials, White House economic experts, and some lawmakers rallied support for this legislation. The CLARITY Act enters a week of "success or failure."
It is expected that the week from April 13 to 20 will see significant events for the XRP price and the cryptocurrency market, due to discussions by the Senate Banking Committee. During this period, the Senate may debate any amendments to the CLARITY Act before a re-vote.
As CoinGape reported, the fate of the CLARITY Act will be decided this week, and if no progress is made, the bill is likely to lose momentum. Senator Cynthia Lummis confirmed this in a post on X, stating that it is the last chance to pass this legislation.