Bitcoin price traded above $64,400 while Ethereum remained above $1,900. XRP hovered near $1.05.
Crypto markets remained cautious after the U.S. Senate postponed the CLARITY Act vote until September. The delay pours regulatory uncertainty in the digital asset market.
Senate majority leader John Thune verified that legislators would not vote until after the August recess. Senators are expected to reconvene, and the legislation is expected to come back.
There is now just a 13% chance that the Crypto Clarity Act gets passed at some point in 2026, down from the almost 50% odds earlier this month
The CLARITY Act will not get a Senate vote before the August recess, with Senate Majority Leader Thune confirming a September vote, calling it “queued up first thing when we come back.”
Bitcoin Price Eyes Major Breakout as Four-Day ETF Inflow Streak Continues
Bitcoin price fluctuated above $64,400 as traders monitored higher ETF trading and imminent resistance areas. There is still no decisive momentum in the market and steady institutional inflows are sustaining sentiment.
The nearest resistance is at $66,500, and breaking out would drive Bitcoin to the psychological mark of $68,000. The continued momentum at the level above 68,000 can open the way to $70,000, which is the key bullish goal under the present circumstances.
On the downside, future Bitcoin prediction must hold the $63,000 support zone to preserve this outlook. Any further fall below that point might reveal $61,500 prior to the crucial zone of support at $60,000.
Meanwhile, U.S. spot Bitcoin ETFs attracted $129 million on August 6. The inflows marked a fourth consecutive positive session. Ether ETFs also registered net inflows of 92.15 million in three days.
Bitcoin Spot ETFs Record $129 Million in Net Inflows on August 6, Marking Four Straight Days of Inflows
On August 6 (ET), Bitcoin spot ETFs recorded total net inflows of $129 million, marking four consecutive days of net inflows. Ethereum spot ETFs recorded total net inflows of… pic.twitter.com/GS4MZVjka2
— Wu Blockchain (@WuBlockchain) August 7, 2026
Ethereum Price Eyes $2K Breakout Target
Ethereum price remains above $1,900, keeping its short-term recovery structure intact.
The initial significant positive target for the long-term ETH projection around $1,950. A successful breakout could bring the psychological $2,000 level back into focus.
Ethereum price may then aim at about $2,100 in case the momentum gains momentum above $2,000.
However, the $1,850 area remains an important short-term support. A breakdown could push Ethereum toward $1,800.
XRP Price Outlook After CLARITY Act Vote Moves to September
At the time of writing, XRP trades near $1.05 after the CLARITY Act vote was pushed to September. The short-term recovery structure is intact as the token is still above the key level $1.00 support.
The nearest resistance is at $1.08, and a breakout may lead to the opportunity of breaking into $1.12. Additional gains beyond $1.12 will push XRP to the $1.18 target.
Nevertheless, a decline below $1.00 may undermine the momentum and reveal $0.95. The key positive levels of $1.08, $1.12 and $1.18 are being monitored by traders ahead of the delayed vote in September. Above existing support, momentum is positive.
CLARITY Act Delay Keeps Crypto Markets Cautious
The decision of the Senate eliminates a short-term regulatory impetus on the cryptocurrency market.
The legislators will have more time to work out outstanding clauses before resuming in September. Until then, technical levels could play a larger role in determining short-term direction.
Bitcoin price will require a breakout of $68,000 stronger, and Ethereum price will need to reclaim $2,000. To reach $1.18, XRP price needs to rise above $1.12.
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