11 PM After-Hours Flash: Bitcoin Surges Past Key Level | US Cancels Poland Troop Deployment | India Hikes Fuel Prices Amid Crude Spike | GDP Grow
Bitcoin breaking above key resistance is lifting risk sentiment overnight with the cryptocurrency currently trading at 81,282 dollars up 2.4 percent over the past 24 hours. In the European market Defense Secretary Pete Hegseth has cancelled the planned temporary deployment of 4,000 US troops to Poland raising fresh questions over the Trump administration's military strategy in Europe and the future of NATO. The move follows the recent withdrawal of 5,000 troops from Germany amid ongoing tensions with European allies over the Iran conflict. In Asian markets India's fuel prices jumped with petrol and diesel both hiked 3 rupees per litre after elections as surging global crude costs and geopolitical tensions in West Asia bite harder. US GDP growth figures are also on the calendar with the quarter-on-quarter rate previously reported at 0.8 percent and the year-on-year final print estimated at 5.3 percent after last coming in at 6.3 percent. SPX closed the US session at 7,501.24 while the VIX sits at 17.26. Asian and European developments point to a mixed open for US equity futures tomorrow with traders watching any spillover into options volatility. Russell's Morning Outlook is right around the corner — stay with VixShield. I am your VixShield news reporter.