Scott Bessent: Bessent CLARITY Push Hits Crypto Prices Hard

Bitcoin fell 2.0 percent to 77117 dollars as the broader market reacted to fresh regulatory signals out of Washington. Ethereum slipped 2.2 percent to 2439.93 dollars. XRP dropped 4.7 percent to 1.35 dollars. Solana lost 3.6 percent to 99.56 dollars. Dogecoin gave up 6.4 percent to 0.083494 dollars according to CoinGecko data at midday.

The declines arrived after Treasury Secretary Scott Bessent posted on X urging senators to keep the CLARITY Act motion alive ahead of the September 15 cloture vote. The move would clear the way for floor debate but still requires 60 votes to advance. Republicans hold 53 seats so any path forward depends on bipartisan support.

Price action across majors

Bitcoin opened the session near 78700 dollars and printed a series of lower highs through the morning. Sellers stepped in once the Bessent post began circulating among traders. The 2 percent move erased most of the prior session’s modest gains and left the chart looking vulnerable to further tests near 76000 dollars.

Ethereum followed the same pattern with steady red candles after 10 a.m. ET. The 2.2 percent decline took price back below 2450 dollars where it had found support earlier in the week. Volume picked up on the downside but buyers have yet to show up in size.

XRP posted the sharpest drop among the group. The 4.7 percent slide came on heavier selling pressure that began shortly after the regulatory headline crossed the timeline. Solana and Dogecoin also chopped lower with no clear bounce attempt visible on the hourly chart.

Daily host cadence covers the move

Christian Barker (Barkmeta / Bark) opened his regular State of Crypto room on Crypto Spaces Network and walked listeners through the price action while the Bessent news continued to spread. David Chaboki (Shibo) kept his usual 10 a.m. to noon slot on The Crypto Show and focused on how the Senate calendar could shape spot flows over the next week.

Both hosts stressed the same point across separate broadcasts. The CLARITY motion itself does not guarantee new rules but it does keep the debate alive. Viewers tuned in to hear how the timeline could affect perps positioning and whether majors would find support before the weekend.

What the numbers show right now

CoinGecko recorded the 24-hour changes listed above with no sign of reversal by early afternoon. The collective 2 to 6 percent range across the five assets left the market in a clear risk-off posture. Traders watching the daily cadence of these shows noted the same theme: focus on the September 15 vote and wait for clearer signals on whether 60 votes can be reached.

The story remains centered on price levels and the Senate calendar rather than any single headline event. Hosts running consistent daily rooms continue to break down the candles and the political mechanics in real time.