Bitcoin, ether, XRP rebound as Senate curbs Trump's Iran war powers
CoinDesk
Cryptocurrencies rebounded as the U.S. Senate moved to limit President Trump’s war powers, easing geopolitical uncertainty in global markets.Summary
Major cryptocurrencies including Bitcoin, ether, and XRP recovered after five days of losses as the U.S. Senate voted to curb President Donald Trump's Iran war powers. The move helped stabilize markets by reducing geopolitical uncertainty, causing Treasury yields and oil prices to shift while supporting a risk-on environment. Additionally, President Trump’s directive for the Federal Reserve to review payment service access for depository institutions provided further optimism, potentially easing banking barriers for the crypto industry. Investors are now awaiting the release of the April FOMC meeting minutes for further guidance on inflation and growth outlooks.
(Source：CoinDesk)