Copper, Once Positively Correlated to Bitcoin, Nears Record High. Will BTC Follow Suit?
Copper, recognized as a reliable economic indicator for decades, is nearing record highs. Seasoned crypto traders may recall periods when bitcoin (BTC) and copper exhibited a strong positive correlation and may quickly draw bullish conclusions from the recent rally in the red metal. If that’s not enough, BTC’s best years have been characterized by a … Read more