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Why Did Copper Fall After a 44% Shortage Warning?
Published Source: BeInCryptoRead original
Crypto Insight Summary: Copper breaks its April trendline as BloombergNEF projects a 44% supply deficit by 2050. See the key levels to watch. Crypto Insight Analysis: Direction: Bearish Copper Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Copper price decline due to supply deficit concerns may affect related crypto assets.