3 AM After-Hours Flash: Bitcoin Holds Near 80K | Rubio: No China Help on Iran | US GDP Growth Slows to 3% | Crude Tops 100 Dollars on Tensions
Bitcoin is currently trading at 80558 up 1 percent over the past 24 hours and sitting within 2 percent of the 80k level as risk appetite holds in after hours trade. In Asian markets Secretary of State Marco Rubio says President Trump did not seek China's help on the Iran conflict stressing full US self reliance. European pre market futures are steady while traders digest the latest GDP growth rate coming in at 3 percent year over year down from the previous 6.5 percent reading. On the commodity side global tensions have pushed crude prices over 100 dollars a barrel triggering fuel price surges from India to Pakistan with Islamabad now leveraging new diplomatic ties for fresh Persian Gulf LNG shipments. SPX closed the session at 7501.24 while the VIX sits at 18.12 up 3.48 percent as options traders brace for any spillover from geopolitics into tomorrow's US open. Russell's Morning Outlook is coming up in a few hours. I am your VixShield news reporter.