6 AM After-Hours Flash: Bitcoin Dips Near 80K on Trump-Xi News | US-China Agree Iran Cannot Go Nuclear | NIESR GDP Tracker Released | Iran Accus

Bitcoin is trading at 79,602, down 2 percent over the past 24 hours, as traders digest the Trump-Xi summit outcomes from Beijing. In the Asian market, the United States and China agreed Iran can never have a nuclear weapon while also committing to keep the Strait of Hormuz open for global energy supplies. The two leaders spent more than two hours discussing trade, Taiwan, fentanyl flows and investment, with Xi warning that mishandling Taiwan could lead to clashes and even conflicts. In the European market, the NIESR monthly GDP tracker has printed with the previous reading at 0.6 percent. Geopolitical tensions are also rising after Iran's foreign minister accused the UAE of direct military involvement against Iran during a BRICS meeting in New Delhi. With SPX last closing at 7,444.25 and the VIX at 17.89, Asian market moves and these Iran-related headlines are feeding directly into risk sentiment that US options traders will watch at the open. Russell's Morning Outlook is coming up soon. I am your VixShield news reporter.