Forget silver, Copper’s AI-fueled explosion exposes a “higher for longer” trap that most crypto traders are ignoring
Copper hit a new record high this week as crypto traders focused on the surge in silver and gold. However, copper's rise could actually shift the rate path that underpins the market’s liquidity narrative. The all-time high for copper is now around $6.06 per pound as of Wednesday, Jan. 14. Futures activity has tracked the […]
The post Forget silver, Copper’s AI-fueled explosion exposes a “higher for longer” trap that most crypto traders are ignoring appeared first on CryptoSlate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Jefferson: Economic Outlook and Monetary Policy Implementation
Cocoa prices recover as worldwide demand proves stronger than anticipated
Corn prices have dropped to their lowest point in five months. Should you consider selling now?
