U.S. Builds Largest Copper Inventory in Over 30 Years — 590,000 Short Tons

A brief update reports the United States amassed 590,000 short tons of copper, the highest inventory in more than three decades; large stockpiles can pressure prices and sway risk sentiment tracked by Bitcoin and DeFi (decentralized finance) markets.

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Summary

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Terms & Concepts
  • DeFi: Blockchain-based financial services (lending, trading) operated without traditional intermediaries.
  • Risk sentiment: Investors’ appetite for risk, shaping allocation to assets such as Bitcoin and equities.