HBTE.NE is trading at CA$10.11, down 11.07%, as Bitcoin’s drop below US$80,000 and reports linking renewed selling to Binance security concerns weigh on crypto-linked holdings.
- Weakness spread across major cryptocurrencies, pressuring the broader crypto sector.
- A hawkish Federal Reserve hold and technology-share weakness added to risk-off pressure on crypto assets.
- HBTE’s exposure to Bitcoin-linked businesses can amplify declines in the underlying crypto market.