Bitcoin, Ether, XRP Rebound as Senate Curbs Trump's Iran War Powers
Key takeaways
- Major cryptocurrencies bounced during Wednesday's Asian trading hours after the Senate voted 50-47 to curb President Donald Trump’s Iran war powers, easing market uncertainty.
- Bitcoin climbed to about $77,200, while XRP, ether and solana also gained as Treasury yields and oil fell.
AI insight — what it means
The Senate vote to limit war powers eased worries about conflict in the Middle East. This made investors more comfortable buying cryptocurrencies, pushing prices higher.
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