The cryptocurrency market showed renewed strength after the US Senate advanced a resolution aimed at restricting further military involvement in Iran without congressional approval. Bitcoin rebounded above $77,000, while US stock futures also moved higher as oil prices dropped sharply.
US Senate Pushes Resolution on Iran Conflict
The US Senate has approved a procedural step advancing a War Powers Resolution that could require President Donald Trump to secure approval from Congress before continuing military operations involving Iran.
The motion passed with a 50–47 vote, with several Republican senators joining Democrats in support. Three Republican lawmakers reportedly did not participate in the vote. Supporters argue that constitutional authority to engage in war should remain with Congress rather than the presidency.
However, the measure still faces major obstacles. It must pass through the Republican-controlled House of Representatives and overcome the possibility of a presidential veto. Achieving that would require strong bipartisan support, including two-thirds majorities in both chambers.
Some lawmakers backing the administration maintain support for efforts targeting Iran’s nuclear capabilities. At the same time, criticism has emerged over limited transparency regarding recent military operations.
Bitcoin Climbs Above $77K After Market Uncertainty
Bitcoin regained momentum and traded above $77,300 following recent weakness across crypto markets. The move came shortly after the Senate vote, helping improve risk sentiment among investors.
During the last 24 hours, Bitcoin fluctuated between roughly $76,000 and $77,300. Despite the rebound, trading activity declined significantly, suggesting traders remain cautious ahead of upcoming macroeconomic data releases, including Federal Reserve meeting minutes.
Lower oil prices and stronger US futures contributed to improved sentiment across both traditional and digital asset markets.
Declining Trading Volume Signals Caution
Although Bitcoin recovered, derivatives data indicates that investors remain careful. Open interest in Bitcoin futures fell over the past day, reflecting reduced speculative positioning.
Major platforms including CME and Binance recorded declines in Bitcoin futures exposure, signaling that traders may be waiting for stronger confirmation before increasing risk.
Some analysts believe Bitcoin could remain stable in the short term before potentially retesting lower support levels near $75,000. Technical indicators currently show the asset attempting to hold above its 50-day moving average.
Crypto Market Outlook Remains Mixed
The Senate’s move on Iran eased geopolitical concerns temporarily, helping risk assets recover. However, uncertainty surrounding US monetary policy, geopolitical developments, and declining derivatives activity continues to keep traders cautious.
For investors, upcoming macroeconomic events and congressional decisions could play a key role in determining Bitcoin’s next direction.
