The Metals is trading at $3.45 (-4.04%) as crypto-linked risk assets remain under pressure amid broader market weakness and renewed risk aversion.
- Bitcoin and Ethereum are down 0.37% and 1.52% respectively, dragging down sentiment for crypto-linked instruments.
- The move follows a recent pattern, including a 6.4% drop on July 28, as geopolitical tensions and Fed-related uncertainty weigh on the market.