IB1T.L is trading at £6.27, down 3.21%, as Bitcoin weakness pressured the ETP after BTC fell below $84,000.
- Renewed tanker attacks near the Strait of Hormuz pushed Brent above $101; higher Treasury yields and a firmer dollar also weighed on risk assets.
- Leveraged crypto liquidations amplified selling, with roughly $547 million liquidated over 24 hours.