Scott Bessent: Bessent Pushes CLARITY Motion Before Senate Cloture Deadline

Bitcoin traded at $77,117, down 2.0 percent from the prior close, according to CoinGecko data at midday on Thursday. Ethereum slipped 2.2 percent to $2,439.93 while XRP fell 4.7 percent to $1.35. Solana eased 3.6 percent to $99.56 and Dogecoin dropped 6.4 percent to $0.083494.

Price Action Across Majors

The session showed steady selling pressure across spot markets. Bitcoin opened near $78,700 and printed lower highs through the morning, holding above the $76,800 support band. Ethereum followed a similar path, testing $2,420 before a modest rebound that still left it in the red. XRP led the declines with the largest percentage move, breaking below $1.40 early in the session. Solana and Dogecoin both recorded three consecutive red candles after the European open, with volume remaining light compared with the prior week.

Traders noted the moves arrived against a backdrop of mixed risk sentiment rather than any single headline catalyst. The four-hour charts for BTC and ETH showed a series of lower closes without aggressive follow-through selling, suggesting the session remained range-bound for now.

Regulatory Development

TokenPost and CoinEdition reported that Treasury Secretary Scott Bessent posted on X on September 9 calling on senators to keep the CLARITY Act motion alive before the September 15 cloture deadline. The post stressed that further delay could affect U.S. standing in digital assets. A successful motion would allow floor debate but still requires 60 votes for passage, and disputed provisions on ethics and DeFi remain unresolved.

Community Focus

Crypto Spaces Network rooms and timeline discussions showed steady attention on the Senate calendar. Participants tracked the 53 Republican seats against the 60-vote threshold and discussed how different outcomes on the motion could shape spot and perpetual flows in the days ahead. Daily commentary streams highlighted the same Sep. 15 date, with viewers noting the potential for extended negotiation windows or a short-term extension.

Operators on the timeline pointed to the absence of fresh ETF or macro data as the reason price action stayed tied to the legislative timeline. Several accounts shared side-by-side charts of BTC and ETH against the cloture calendar, underscoring how the next five days could set the tone for the remainder of the month.

Near-Term Outlook

The market now waits on Senate procedural moves. A cleared motion would open debate without guaranteeing final passage, while any delay keeps the same uncertainty in place. Spot prices for the majors already reflect that wait-and-see posture, with the four-hour candles showing contained ranges rather than sharp breaks. Community channels continue to monitor the same key dates for signs of progress or further extension.