Cryptocurrency markets rallied sharply on Thursday after the Senate Banking 
Committee delivered a major win for the industry by advancing the long- 
anticipated CLARITY Act. The market reaction was visible across the largest 
coins: Bitcoin (BTC) jumped to $81,899 at the time of writing, representing 
about a 2.7% gain, while XRP led among the top ten cryptocurrencies, surging 
above $1.50 with gains of more than 6%—a level not seen since March of this 
year. Even with the momentum, the bill is still not law, and it faces multiple 
political and procedural hurdles before it can be finalized. Next Steps For 
The CLARITY Act The committee’s action—passing the CLARITY Act by a 15–9 
vote—means the next step is a full Senate vote, which would require roughly 60 
votes to pass. If it clears that threshold, the process would move into the 
next phase, typically involving House–Senate talks to reconcile differences 
between versions, followed by a potential presidential signature, which could 
further boost crypto prices. Related Reading: Hyperliquid (HYPE) To $100? 
Expert Forecasts Major Rise Before Summer 2027 At the same time, several 
Democrats voiced reservations about whether the CLARITY Act strikes the right 
balance. As earlier reported by Bitcoinist, the hearing included discussion of 
Democratic amendments aimed at concerns such as stablecoin yields and AML. 
Those amendments were either voted down or rejected by Scott on the basis that 
they were not written correctly and therefore could not be offered in that 
process. XRP Reclaims $1.50, Bitcoin Nears $82,000 Beyond the CLARITY Act, the 
market’s chart-driven response turned into a question of whether XRP and 
Bitcoin can continue to convert momentum into follow-through. With XRP 
reclaiming the $1.50 area, a decisive weekly close above $1.50 is now being 
watched as a potential trigger for further upside. Some projections point 
toward targets in the $1.65 to $1.70 range, and a more aggressive bullish 
extension could carry expectations toward $1.85 if the rally gains additional 
strength. Related Reading: Coinbase CEO Unpacks The Crypto Bill’s Biggest 
Promise For The US Financial System For Bitcoin, traders have been focused on 
a specific resistance level: $83,000. That level has been a key barrier 
recently, as it prevented continued upside after last week’s move. Earlier in 
the week, Bitcoin also experienced a pullback that took it below $79,000 on 
Wednesday, before rebounding again toward $82,000 on Thursday in the immediate 
aftermath of the CLARITY Act committee vote. In other words, the market is 
celebrating today’s progress, but the next technical test remains close by. 
Featured image created with OpenArt, chart from TradingView.com

Bitcoin And XRP Climb On CLARITY Act News—But Clear Path To Law Isn’t Done Yet

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XRP rallied as buyers pushed the token to fresh session highs, extending gains 
after a breakout from consolidation. The move came alongside expanding volume, 
elevated momentum readings, and optimism after the Senate Banking Committee 
advanced the CLARITY Act, which Ripple publicly supported. XRP Breakout 
Signals Renewed Bullish Momentum At 2:27 p.m. on May 14, XRP […]

XRP Hits Session Highs as CLARITY Act Advances to Full Senate

Bitcoin may be holding strong above major psychological levels, but the market 
still lacks the scale of capital inflows needed to trigger a true full-scale 
bull run. While short-term moves can be driven by leverage and speculative 
positioning, a true bull run historically requires deep, consistent liquidity 
from institutions, funds, and new retail participants entering the market. The 
Liquidity Gap Preventing Bitcoin From Full Expansion Bitcoin still requires 
significantly stronger capital inflows to confirm the start of a true bull 
market, as current on-chain signals suggest momentum remains insufficient. The 
founder and CEO of Alphractal, Joao Wedson, highlighted on X that a key metric 
to watch is the realized market capitalization impulse, which is currently 
hovering just below the neutral 0 level, a zone now acting as temporary 
resistance. Related Reading: Previous Bitcoin’s Market Top Was Hidden Behind 
Sophisticated Whale Distribution — Analyst Explained If the metric fails to 
reclaim and hold above 0, it would signal fading market inflows, increasing 
the probability that BTC could revisit lower price levels in the coming 
months. However, a decisive move back above 0 would suggest that fresh money 
is re-entering the network, potentially marking the beginning of a shorter, 
more compressed bear cycle moving toward upside momentum. For now, with the 
indicator still below this critical threshold, Joao cautions that it remains 
too early to declare the start of a new bull run. Despite market optimism, the 
data suggest that the necessary foundation of strong capital inflows has not 
fully materialized to sustain an upside move. Is Bitcoin Entering The Early 
Stages Of A Trend Reversal? Bitcoin is starting to show early signs of 
structural weakness after struggling to maintain strong bullish momentum at a 
major resistance zone. A crypto trader known as CGT Trader has noted that 
during the recent rally, BTC rarely formed consecutive lower highs, and when 
it did form lower highs, it was unusually limited to a single occurrence 
before the next continuation to the upside. Related Reading: Bitcoin Rally At 
Risk: This Critical Resistance Could End BTC’s Bullish Run Currently, the 
price action is starting to deviate from that pattern. BTC is still trading 
sideways within a major resistance zone, and the price has already formed 
three consecutive lower highs without making a lower low. CGT Trader explained 
that the market structure is not fully bearish because BTC has still not 
confirmed lower lows. However, the repeated inability to reclaim higher levels 
suggests the uptrend may be losing strength as buyers struggle to sustain 
momentum. The critical level to watch is whether BTC begins printing lower 
lows alongside these lower highs. Meanwhile, if that formation occurs, it 
would signal a clear shift in market structure, potentially marking the end of 
the bull trap and the beginning of a broader high-time frame downtrend. 
Featured image from Pixabay, chart from Tradingview.com

Why Bitcoin Still Needs Massive Capital Inflows To Ignite True Bull Run

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The Clarity Act&#8217;s advancement signals a shift towards comprehensive federal 
oversight of digital assets, potentially reshaping the crypto landscape.
The post Senate panel advances Clarity Act, boosting crypto regulation 
prospects appeared first on Crypto Briefing.

Bitcoin And XRP Climb On CLARITY Act News—But Clear Path To Law Isn’t Done Yet

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