U.S. Senate delays Clarity Act vote until September, Politico reports

The U.S. Senate will not vote on the Clarity Act before its August recess, delaying action on the crypto market-structure bill until lawmakers return on Sept. 14. Bitcoin was little changed near $64,300 and flat on the week after the delay was confirmed, with spot bitcoin fund inflows helping defend support around $63,000 to $64,000 but failing so far to push the token through resistance near $66,000. The bill would set out which U.S. regulator oversees different digital assets, but it needs 60 votes to pass and it remains unclear whether it has even 50, with several Republican senators publicly opposed and Democrats seeking stricter provisions to prevent President Donald Trump from profiting from crypto while in office. Across major tokens, XRP led declines while BNB and Hyperliquid’s HYPE outperformed over the past seven days. Traders are now watching next week’s U.S. employment report and July inflation data after the Federal Reserve held rates at 3.50% to 3.75% in July, with stronger data seen as potentially weighing on bitcoin by reinforcing the case for tighter policy.