Bitcoin Stabilizes Near 200-WMA as Senate Passes W
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Bitcoin Stabilizes Near 200-WMA as Senate Passes War Powers Act to End US-Iran WarThe Senate votes 50-48 on the War Powers Act resolution to end the US-Iran war.
Trump said it is "poorly timed and meaningless War Powers Act vote" amid US-Iran peace talks.
Bitcoin and US stock futures jump amid further fall in oil prices.
AD Get $10 Instantly + $50 TrialBitcoin price holds and stabilizes near its 200-week moving average (200-WMA) amid easing geopolitical tensions. The U.S. Senate passed a bipartisan resolution invoking the War Powers Act to end the Iran war, with President Donald Trump criticizing the decision.
S&P 500 and Nasdaq 100 futures are also surging on Wednesday after the Senate votes to limit Trump’s power to continue military actions in Iran. Oil and gold prices fall amid progress in US-Iran peace talks.
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US Senate Votes to Block Trump from Military Actions Against Iran
The Senate has voted 50-48 on the War Powers Act resolution to end the US-Iran war. Four Republicans joined Democrats to pass the resolution requiring President Trump to seek congressional approval before launching further military action.
The House previously passed the resolution and has signaled growing congressional concerns over military operations for months. This marked the first historic vote on a war powers resolution to clear both chambers since 1973, setting up major limitations over presidential authority to wage w
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