Live news: Bitcoin remains under pressure as stocks surge, oil slumps

10 minutes ago · 9:52 a.m. EST Stephen Alpher Share Share this post Copy link X icon X (Twitter) LinkedIn Facebook Email Central bankers laser-focused on inflation, but copper sending a different signal The Global Copper Miners ETF (COPX) has fallen for 11 straight weeks, noted The Kobeissi Letter earlier Monday . That’s the longest losing streak since the index’s creation in 2010. During those 11 weeks, the COPX has slumped nearly 25% and is now marginally lower year-to-date despite copper trading near record highs for most of 2026 amid supposedly unceasing demand from the AI data center buildout. Though still at elevated prices, copper itself has fallen about 8.5% since hitting a record high in late September. Due to its universal industrial uses, the red metal is often called “Dr. Copper” for its ability to sniff out turns in global economic strength.