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Copper/gold ratio hits highest since July 2025, signaling potential bitcoin rally.

Market News
12 May 2026
Coindesk
Bullish
pluang ai news

The copper/gold ratio has surged to 0.00140, its highest level since July 2025, breaking above its 200-day moving average. Copper prices are near record highs at $6.54, and historically, copper rallies have preceded bitcoin gains due to their strong positive correlation. This breakout suggests a potential long-term uptrend for bitcoin, as rising copper/gold ratios often coincide with bitcoin's strongest rallies.

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