The US Senate has passed a War Powers Resolution to limit President Trump's military actions against Iran. The resolution, which passed 50-48, is a rare bipartisan move with four Republicans joining Democrats.
The resolution restricts the president's ability to engage in military action without congressional approval and follows a recent US-Iran ceasefire that eased market tensions.
Despite this significant development, key markets like the S&P 500, oil prices, and Bitcoin showed little reaction. Bitcoin's price movements are being driven more by crypto-specific factors such as ETF outflows and Federal Reserve policy than geopolitical events.