"Copper Signal" for Bitcoin ATH: They Moved Together for Years! - Coin Bulletin

Copper, although long considered a reliable economic indicator, has recently seen a rise that has become a topic requiring careful assessment for the cryptocurrency markets.

Copper (Copper) has been gaining value recently, and the question arises as to how this rise will relate to Bitcoin (BTC). In the past, a strong positive correlation between copper and Bitcoin was observed, and this situation has led BTC investors to predict whether the recent rally in copper is also a positive signal for BTC.

However, this time the situation is a bit different. The rise of copper is shaped not only by positive news from the global economy but also by external factors such as U.S. President Donald Trump's tariffs. This can make copper less of a reliable show for risky assets as usual.

Reasons Behind the Copper Rise

Copper prices have risen by 12 percent since the beginning of the year and are currently trading at 5.10 dollars per pound on COMEX. According to ING analysts, the main reason for this increase is Trump's aggressive trade tariffs and the uncertainties they create for the global economy. These policies have led the U.S. Federal Reserve to lower its growth forecasts, but raise its inflation projections. However, the copper rally is not solely linked to Trump's tariffs; China's new stimulus plan is another factor supporting this rise.