Bitcoin and XRP Price Outlook If the Senate Banking Committee Approves the CLARITY Act

Bitcoin and XRP prices remained stable on Sunday as the cryptocurrency market recorded renewed upward momentum. Bitcoin traded above $71,000 after a modest weekend rally lifted overall market sentiment. XRP price also remained above $1.40 after briefly recovering in the past 24-hours. 

The other leading cryptocurrencies, such as Ethereum, Solana, and Dogecoin, also recorded significant increases. The wider rally indicates an increasing investor confidence in the digital asset industry.

CLARITY Act and Its Potential Impact on Crypto

The CLARITY Act aims to define regulatory authority and introduce structured oversight for digital assets and stablecoins. The advocates believe that well-defined regulations would stimulate innovation, as well as cushion investors.

Nevertheless, the bill has a strict deadline in the Senate of the United States. Recently, the urgency of the legislation was pointed out by Alex Thorn, the firmwide research head of Galaxy Digital. He cautioned that there were only a few days left in April in which the proposal had to come out of a Senate committee.

Failure to pass the committee may reduce the possibilities of passing it in 2026 by a significant margin. Thorn also said the bill would have to pass the Senate floor by the beginning of May. One of the greatest obstacles to the measure is legislative scheduling.

if CLARITY doesn’t pass committee by end of april, odds of passage in 2026 become extremely low. this needs to hit the senate floor by early may… floor time is running out and odds diminish every day that passes

the framing right now is that the dispute over stablecoins… pic.twitter.com/tEejEsmUi9

— Alex Thorn (@intangiblecoins) March 14, 2026

The senate leadership is now focusing on other acts of legislation such as the SAVE America Act. The controversy on regulation of stablecoins is also another factor that hinders development. Legislators are still torn apart by whether stablecoins would yield profits to holders.

As stated by Representative French Hill, the stablecoins are supposed to work primarily as blockchain payment systems. It is estimated that the probability of the bill passing has dropped to about 55%.

The legislation may introduce much-needed regulatory clarity in the cryptocurrency market in case it is passed. Such transparency may affect the stability of prices of such assets as Bitcoin and XRP in the long term.

XRP Net Inflows Hit $1.21B as Bitcoin ETFs Extend Five-Day Streak

According to SoSoValue data, the net inflows recorded by XRP are as high as 1.21 billion. The numbers indicate the consistent interest of investors in the large digital asset funds.

Spot ETFs with bitcoin registered a 5-day streak of net inflows of 180 million. Leading activity in the session was done by BlackRock IBIT where fresh capital outlay amounted to $144 million.

Bitcoin and XRP Price Outlook: Key Levels To Watch

Bitcoin and XRP price movements show steady momentum as the broader cryptocurrency market posts moderate gains. BTC price rose 1.30% in 24 hours, reaching $71,611 during the latest trading session. 

The BTC price has also performed well with a weekly increase of 5%. Meanwhile, the overall crypto market capitalization rose 1.07%, and it was approximately 2.43 trillion.

Analysts say future Bitcoin outlook must hold above the $71,060 support level to maintain bullish momentum. If that level remains intact, the price could retest the $73,223 to $73,500 resistance zone. However, a break below $70,340 may push Bitcoin toward the $69,000 level. 

XRP price gained 1.05% to trade near $1.41. If XRP holds above the $1.38 support, it may retest the $1.45 resistance, while a break below risks falling toward $1.30.