Why the Cryptocurrency XRP Is Down Today
Key Points
XRP is trading near a Senate cloture vote on the CLARITY Act, which needs 60 votes to advance and would touch XRP through its ties to Ripple's RLUSD stablecoin.
The 10-year Treasury yield topped 5% Tuesday -- reaching its highest level in nearly 20 years -- adding pressure to speculative assets like XRP.
Markets are pricing a 93% chance of a Fed rate hike this week, a second headwind landing the same week as the Senate vote.
- 10 stocks we like better than XRP ›
XRP (CRYPTO: XRP) fell roughly 5.3% as of 1:59 p.m. ET on Tuesday, Sept. 15, from 4:30 p.m. ET yesterday. A key Senate vote and rising bond yields weighed on the token.
The S&P 500 and the Nasdaq Composite were down 0.5% and 0.8%, respectively.
Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our analysts, we’re only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
The Senate needed 60 votes to advance the CLARITY Act on Sept. 15
The CLARITY Act is facing a vote in the Senate today. The bill, which would create a regulatory framework for using stablecoins and other digital assets in banking and traditional finance, may not have the votes it needs to pass.
Given XRP's place in the banking world and its relation to the stablecoin RLUSD, the Clarity Act could be a significant catalyst for the token.
Image source: Getty Images.
The 10-year Treasury yield topped 5% for the first time in nearly 20 years
XRP is also facing headwinds from the broader economy. Sticky inflation and rising oil prices have led the 10-year Treasury yield above 5%, reaching its highest point in nearly 20 years. Markets are also pricing in a 93% chance of a Federal Reserve rate hike this week.
Higher yields drag on speculative investments like XRP as investors decide they're no longer worth the risk when a bonds offer an attractive -- and safe -- return.
This is a moment to watch, not a reason to act
This is more of a situation to monitor the situation than a reason to act. That said, I am not a fan of XRP long term, and I would encourage investors to look elsewhere.
Should you buy stock in XRP right now?
Before you buy stock in XRP, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and XRP wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $433,160!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,296,254!*
Now, it’s worth noting Stock Advisor’s total average return is 949% — a market-crushing outperformance compared to 212% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of September 15, 2026.
Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends XRP. The Motley Fool has a disclosure policy.
Recommended Articles
