From the increasing probability of pro-crypto Republican candidate Donald Trump winning the upcoming U.S. presidential election to expectations for Fed rate cuts, bitcoin (BTC) bulls have several things to cheer about. However, the widely-tracked copper-to-gold ratio, continues to slide, flashing a red signal for risk assets, including cryptocurrencies.
Source: https://www.coindesk.com/markets/2024/10/28/bitcoin-has-a-lot-going-for-it-except-the-persistent-slide-in-copper-gold-ratio/?utm_medium=referral&utm_source=rss&utm_campaign=headlines