IBIT is trading at $46.02, down 3.61%, as mixed technology earnings and renewed Middle East tensions weakened risk appetite.
- Brent crude climbed above $110 as U.S. futures and Asian equities fell. Bitcoin’s decline followed a rally toward $85,000 in the prior session.
- U.S. spot Bitcoin funds attracted about $1.1 billion since the week began, but inflows did not offset broader market pressure.