Where Does XRP Go After the CLARITY Setback? ChatGPT Maps the Key Scenarios

XRP slumped after the CLARITY Act failure more than other major cryptocurrencies. So, what now? Although the general expectations showed that the CLARITY Act didn’t have the best odds of passing the cloture vote on Tuesday, the actual confirmation was quite painful for most cryptocurrencies. However, XRP suffered a major blow, slumping by over 8% at one point and dipping below $1.30 to mark a monthly low. Aside from the price dip, the correction resulted in cumulative volume delta plunging to negative 10.5 million, suggesting that the move was more than routine profit-taking. With that regulatory shock now absorbed, we decided to ask ChatGPT about the asset’s future and the levels that can determine what happens next. Regulation Delayed, Not Dead The first major point the AI platform made is that the September 15 failure to advance in the US Senate doesn’t guarantee that the bill is scrapped. For now, it leaves more responsibility to the two largest watchdogs in the country, the SEC and the CFTC, which are already moving ahead with crypto rules under their existing authority. Although agency rules can be changed more easily by a future administration, which makes CLARITY even more ...