US Senate Moves to Curb Iran War Powers
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The US Senate has advanced a resolution to limit President Trump's authority to engage in military action against Iran, signaling a potential de-escalation of geopolitical tensions. This move, spearheaded by Democratic Senator Tim Kaine, reflects growing congressional oversight over foreign policy. For crypto markets, reduced risk of conflict could temper safe-haven demand for assets like Bitcoin, but may also stabilize broader risk appetite. The resolution's progress underscores ongoing political uncertainty, which historically influences market volatility. However, the immediate impact on crypto prices is likely muted as traders focus on macroeconomic factors.
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