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Is Copper's All-Time High Built on Tariffs or Geology? Washington Holds the Answer
Published Source: BeInCryptoRead original
Crypto Insight Summary: Copper reached an all-time high of $14,617 a ton on the London Metal Exchange today. The rally extended into a fourth session as traders positioned for US tariffs on refined metal. The advance marked a second consecutive record. Copper has gained around 17% this year, supported by tight near-term supply and steady industrial demand. Washington Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Copper's rally may boost mining stocks but has limited direct impact on crypto markets.