6 AM After-Hours Flash: Bitcoin Holds Near 80K Ahead of Trump-Xi Summit | US Urges China Role in Ending Iran Conflict | Somali Piracy Surges on
Bitcoin is currently trading at 80437 up 1 percent over the past 24 hours and holding near the 80K level as traders position ahead of any Trump-Xi developments. In the Asian market the US is pressing China to take an active role in ending the Iran conflict according to Marco Rubio ahead of today's high-stakes Trump-Xi summit with potential ripple effects on risk assets. Somali piracy is on the rise as ships reroute around Africa to avoid the Iran war zone creating fresh supply risks that could keep a bid under crude. European pre-market futures are steady while SPX sits at 7501.24 and the VIX has jumped 6.68 percent to 18.68 signaling traders are bracing for volatility into the US open. Russell's Morning Outlook is coming up soon. I am your VixShield news reporter.