IB1T.L is trading at £5.97, up 3.60%, as Bitcoin rebounded above $80,000 after an election-night dip.
- The recovery followed Democrats’ congressional sweep, which initially raised crypto-regulation concerns; a clearer political outcome and a broader risk-asset rebound helped prices recover.
- The move appears to reflect a sharp reversal in Bitcoin and wider market sentiment, rather than positive crypto-policy developments. The rebound was described as a natural bounce after the earlier selloff.