The SEC and CFTC issued a joint interpretation clarifying which crypto assets fall under each agency’s oversight. XRP, now classified as a digital commodity, sees its chances of hitting $2.60 by April 30 at 0% YES.

Market reaction

The regulatory clarity could make XRP more attractive to institutional investors, but with only six days left, the market shows no signs of reaching the $2.60 target. Even with the CLARITY Act advancing, current odds suggest limited short-term impact. The 0% reading reflects straightforward skepticism about a price surge in under a week.

Bitcoin remains at 99.9% YES for trading above $66,000 on April 25. The clarification of Bitcoin as a CFTC-regulated asset added marginal confidence…