Crypto Price Today: BTC Holds $80K, ETH at $2,250, XRP Hits $1.45 as HYPE Soars 20% on CLARITY Act Progress

The crypto price today traded higher as investors responded positively to fresh regulatory developments in the United States. The global cryptocurrency market has experienced a 1.29% overall rise over the last 24 hours, with a total capitalization of $2.68 trillion. Bitcoin has maintained its price above $80,000 while the price of Ethereum has been fluctuating around $2,250. XRP also rallied as lawmakers approve the CLARITY Act.

Crypto Price Today: Bitcoin Holds $80K, Ethereum Steady at $2,250, XRP Climbs on Market Rally

Bitcoin price has surged 1.46% from its 24-hour low to settle at $80,707 on Friday. The top cryptocurrency briefly spooked over the $81,000 mark before consolidating in a tight range. 

There was also a strong volume of trading activity in the session. The daily trading volume of Bitcoin increased by over 27%, reflecting increased investor interest.

Ethereum had rallied above the $2,300 mark earlier in the day and later entered a slight downward trend. The stock later settled at nearly $2,250 in afternoon trading. XRP also rallied on the upswing of the market. Dogecoin also had moderate gains as bullish sentiment took over in most of the major cryptos.

Market liquidations rose with the rise in prices. According to Coinglass, over $250 million worth of crypto positions were liquidated in the previous day. The majority of liquidations were related to bearish short positions.

The institution continued to fund Bitcoin’s latest upward move. Total net inflows to spot Bitcoin exchange-traded funds (ETFs) reached $131 million on May 14. The IBIT fund, which is run by BlackRock, had $144 million in daily inflows. 

Spot Bitcoin ETFs Saw $131M in Net Inflows on May 14

On May 14 (ET), spot Bitcoin ETFs recorded total net inflows of $131 million, with BlackRock’s IBIT leading at $144 million in net inflows. Spot Ethereum ETFs saw total net outflows of $5.6511 million, marking the fourth… pic.twitter.com/FQ4nENOJZ9

— Wu Blockchain (@WuBlockchain) May 15, 2026

Conversely, spot Ethereum ETFs saw $5.65 million in net outflows. The Ethereum outflows occurred for the fourth consecutive day.

CLARITY Act Advances in Senate, Boosting Crypto Market Sentiment

Investor sentiment improved when progress was made in Washington on the Digital Asset CLARITY Act. On May 14, the U.S. Senate Banking Committee voted 15-9 in favor of the legislation. The proposal will now move forward for a full Senate vote.

The bill is considered an essential first step in clarifying the laws around cryptocurrencies in the U.S. The law would help to bring an end to uncertainty surrounding digital asset oversight that has existed for years, according to investors.

Bitcoin and Ethereum could be the biggest beneficiaries since regulators are anticipated to categorize them as digital commodities.

Overall, the crypto industry showed an improvement in sentiment following the latest political development. More clear regulations could draw more institutional investors into the market, analysts believe. Traders also hope for increased capital inflows as long as the legislation remains favorable for crypto.

Bitcoin, Ethereum & XRP Outlook: Key Support and Resistance Levels to Watch

Bitcoin price continued trading above the key $80,000 support level on Friday. If this support is maintained, the next step may be towards the $82,000 area. A move below the current range, however, should send a signal to traders to correct back towards $78,000.

Long-term ETH projection is currently encountering resistance at $2,300 and $2,330. Any strong closing above that level may retrace the road to $2,500. On the other side, support is around $2,250. A further weakness could bring the $2,138 level back into focus as well as the $2,130 trendline zone.

XRP gained 2.72% in the past 24 hours to trade at the price of $1.48. If it remains above $1.45, analysts see the potential for further gains as it nears $1.54 and $1.60. A decline below $1.42 could return XRP to a consolidation phase.

HYPE Token Soars 20% After Coinbase–Circle Partnership Announcement

Hyperliquid’s HYPE token ranked among the market’s strongest performers on Friday. The token rallied almost 20% following the release of reports connecting the rally to a partnership announcement between Coinbase and Circle. After a daily increase of 16.63%, HYPE was trading around $45.57.

The number of trades also surged around the token during the rally. Hyperliquid had its day trading volume surge almost 2250% to nearly $850 million. 

INSIGHT: $HYPE surges 19.2% following a Coinbase–Circle USDC partnership announcement.

The deal is expected to route $USDC treasury yield revenue directly to Hyperliquid, potentially supporting an estimated $146M in annual HYPE buybacks. pic.twitter.com/hoXGyG9f92

— CoinGecko (@coingecko) May 15, 2026

Positive investor reaction after positive report of potential revenue flow of USDC treasury yield directly into Hyperliquid.

Analysts estimate the arrangement could back nearly $146 million in annual HYPE buybacks. The development, if successful, will boost long-term demand for the token. Traders are keeping a close eye on the $44 support level. A breakout above that range could allow for further consolidation towards $48-$50.