Rising copper-gold ratio seen as bullish signal for Bitcoin

Bitcoin investors are increasingly viewing the rising copper-to-gold ratio as a key macroeconomic signal, CoinDesk reported. The ratio is considered an indicator of market risk appetite, as copper prices are closely tied to industrial demand during economic growth, while gold is favored in times of uncertainty. A rising ratio suggests a risk-on environment, while a decline indicates a shift toward risk aversion. Historically, Bitcoin's price peaks have often coincided with peaks in the copper-to-gold ratio, and past bull markets have frequently seen Bitcoin begin an uptrend as the ratio reversed from a downtrend. If the recent surge in copper prices is driven by expectations of an economic recovery, this could signify the development of a positive environment for Bitcoin.