NewsBTC •
May 14, 2026 at 19:00 •
Analysis
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. ...