IB1T.L is trading at £5.69 (-4.63%) as Bitcoin fell sharply following a technology-led Wall Street selloff that weakened global appetite for risky assets.
- Bitcoin dropped below the $76,000 level as a wave of crypto liquidations amplified the price decline.
- Pressure on technology shares stemmed from election-related concerns regarding AI regulation and data-center investment, while uncertainty about future crypto policy further weighed on sentiment.
- Evidence suggests the move is driven by broad risk-asset exposure and macroeconomic factors rather than any issuer-specific developments.