HBTE.NE is trading 3.57% lower as bitcoin fell below the psychologically important $80,000 level, reflecting weakness across crypto and broader risk appetite.
- Traders are reducing exposure ahead of the Federal Reserve’s October 27–28 meeting; recent spot Bitcoin ETF withdrawals and leveraged-position liquidations added selling pressure.
- The pullback follows worries about AI spending and Middle East tensions, which weighed on risk assets, although major U.S. indexes are higher in the current session.