New York, Jan 14, 2026, 10:09 EST — Regular session
- XRP climbs roughly 3% as the crypto market rides a Washington-driven rally
- The Senate Banking Committee plans to review the Digital Asset Market Clarity Act this Thursday
- Weaker U.S. inflation numbers have boosted risk appetite in markets
XRP climbed roughly 3.4% to $2.15 in early Wednesday trading, bouncing between $2.07 and $2.18.
The token’s rise arrives amid trader attention on U.S. policy cues that might alter crypto regulations—an ongoing concern for an asset often swayed by legal developments.
Late Monday, U.S. senators introduced draft legislation aiming to clarify when crypto tokens qualify as securities, commodities, or fall into other categories. The bill would expand the Commodity Futures Trading Commission’s authority over spot markets—the cash venues for buying and selling tokens. It also tightens controls on stablecoins—cryptos pegged to the dollar—including restrictions on earning interest simply by holding them. Blockchain Association CEO Summer Mersinger said major banks are lobbying to “rewrite this bill,” while Digital Chamber CEO Cody Carbone called the ongoing momentum “encouraging.” 1
The Senate Banking Committee plans an executive session on Thursday, Jan. 15, to review H.R.3633, the Digital Asset Market Clarity Act of 2025, as shown on the committee’s calendar and confirmed by Chair Tim Scott. This markup session will have senators debating and voting on amendments before deciding if the bill moves forward. 2
XRP gained momentum amid a wider crypto surge that vaulted bitcoin past $95,000, while ether jumped significantly as traders embraced the “risk-on” mood. 3
Data from the Labor Department on Tuesday revealed core consumer prices increased 2.6% year-over-year in December. Headline CPI remained steady at 2.7%. The agency noted the January CPI report is scheduled for release on Feb. 11. 4
XRP investors are now watching to see if the Senate debate will carve out a clearer regulatory path—and who will hold the reins. The draft aims to sharpen the divide between the SEC and the CFTC, a move crypto firms have pushed for years.
Traders are zeroing in on the details that made it through Thursday’s session, particularly the language around stablecoin rewards and disclosures. Parts of the banking sector and crypto lobbyists have already pushed back against these provisions.
The bill isn’t law yet and could shift significantly as senators haggle over amendments. A misstep in Washington or a wider selloff in risk assets might quickly sap the momentum from tokens that have surged on sentiment.
Thursday’s Senate Banking Committee hearing is the next key event. After that, traders will watch if lawmakers stick to the timeline through late January, and if crypto prices maintain their recent momentum heading into the weekend. 5
