9 PM After-Hours Flash: Bitcoin Holds Near 80K Amid Risk-Off | Trump-Xi Summit Skips Tariffs, Eyes Iran Deal | Israel-Lebanon Ceasefire Extended

Bitcoin is trading at 79102 dollars, down 2.5 percent over the past 24 hours and still hovering within 2 percent of the 80-thousand dollar level as weekend risk-off sentiment weighs on crypto. In the Asian market, President Trump says tariffs were never discussed during his two-day summit with China's President Xi Jinping in Beijing, while the pair agreed Tehran should not possess nuclear weapons and that a temporary but enforceable nuclear deal with Iran could be acceptable. Multiple outlets are reporting that Israel and Lebanon have extended their ceasefire while the US and Israel cut short previous talks with Tehran through past air strikes. In commodities, India's Centre has imposed a 3-rupee-per-litre windfall tax on petrol exports and cut diesel and ATF levies amid the crude oil surge tied to the Iran conflict. Energy Secretary Chris Wright says the Strait of Hormuz will reopen by summer's end, predicting a deal with Iran could come within days. SPX is trading at 7408.50, down 1.23 percent on the session, with the VIX up 5.25 percent at 18.43 as traders eye potential volatility from any escalation in the Middle East. Russell's Morning Outlook is back Monday — stay with VixShield. I am your VixShield news reporter.