Copper just hit a historic milestone—London spot prices surged 4% today to $13,000 per ton, smashing previous records. The metal is already up a stunning 42% year-to-date, marking its strongest performance since 2009. The surge reflects growing trader concerns over US import tariff policies, which typically signal elevated risk sentiment and drive speculation across commodity and financial markets. For crypto investors tracking macro trends, copper's momentum often precedes moves in risk assets, making this rally worth monitoring as a barometer of global economic positioning.
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GateUser-cff9c776
· 01-07 07:05
This wave of copper price rally perfectly illustrates the "Schrödinger's bull market"—with the tariff news, all risk assets started to dance, including our crypto circle, which also has to sway along.
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GateUser-9ad11037
· 01-05 20:59
The copper index has soared to a historical high. Can this wave of market trend lift the entire crypto space together?
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MetaMisery
· 01-05 20:54
The surge in copper prices is really unsustainable. This wave of market movement is entirely a result of tariff battles.
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FOMOrektGuy
· 01-05 20:54
The recent surge in copper prices is truly amazing, with a 42% increase taking off directly. It's more resilient than the coins I hold in my bag.
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UncleLiquidation
· 01-05 20:43
Copper prices are soaring; ultimately, it depends on how the tariff drama unfolds.
Copper just hit a historic milestone—London spot prices surged 4% today to $13,000 per ton, smashing previous records. The metal is already up a stunning 42% year-to-date, marking its strongest performance since 2009. The surge reflects growing trader concerns over US import tariff policies, which typically signal elevated risk sentiment and drive speculation across commodity and financial markets. For crypto investors tracking macro trends, copper's momentum often precedes moves in risk assets, making this rally worth monitoring as a barometer of global economic positioning.