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6 PM After-Hours Flash: Bitcoin Holds Near 80K Amid Asia Diplomacy | Trump-Xi Summit Targets Trade and Iran | Warsh Confirmed as Next Fed Chair

Bitcoin is currently trading at 79,371, down 1.7 percent over the past 24 hours and sitting within striking distance of the 80,000 level as traders weigh fresh diplomatic signals out of Asia. In the Asian market, President Trump is in Beijing meeting with Xi Jinping, with the agenda centered on preserving trade agreements, addressing the Iran conflict, and US arms sales to Taiwan... the visit includes top CEOs including Elon Musk and aims to secure economic benefits while maintaining global peace. In the US market, Kevin Warsh has been confirmed as the next Federal Reserve Chair, where he now faces the immediate challenge of balancing inflation and growth while protecting the Fed's independence. SPX is trading at 7444.25 flat on the day while the VIX sits at 17.87. In the Middle East, Israel continues attacks on Lebanon despite a ceasefire agreement, with towns reduced to rubble, adding to the geopolitical risk premium traders are watching. Russell's Morning Outlook is right around the corner — stay with VixShield. I am your VixShield news reporter.

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