Here is a condensed version of the article, streamlined for a quick overview:
## Senate Restrains Iran War Powers; Bitcoin Bounces Back Above $77,000
A major legislative development in Washington has injected "risk-on" relief into global financial and cryptocurrency markets.
### Key Takeaways
* **The Senate Vote:** In a tight 50-47 vote, the U.S. Senate passed a resolution invoking the 1973 War Powers Act to halt unauthorized military actions against Iran without explicit congressional approval. Four Republicans joined Democrats to pass the measure, signaling bipartisan unease over the conflict's rising costs.
* **Bitcoin Snaps Losing Streak:** Relieved by the potential for geopolitical de-escalation, Bitcoin (BTC) broke a grueling five-day losing streak. The cryptocurrency rebounded from a low near $76,000 to move back above **$77,200**, while other majors like ETH, SOL, and XRP posted modest gains.
* **Macro Markets Cool Off:** The political shift immediately eased pressure across energy and bond markets. WTI crude futures fell 0.75% to $103.42, Treasury yields dropped by more than two basis points, and Nasdaq futures ticked upward.
* **Additional Crypto Boost:** Sentiment was further supported by a Tuesday executive directive from President Trump, ordering the Federal Reserve to review institutional access to payment services, boosting long-term liquidity and settlement confidence.
**Technical Outlook:** While Bitcoin successfully defended its 50-day simple moving average near $76,000, analysts warn it still faces heavy overhead resistance at $82,500. A definitive bull reversal will require stabilizing ETF inflows and a clean break above that threshold.
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