The Metals is trading 5.2% up at $3.63 as crypto prices rebound and broader U.S. equities rally following Wednesday’s selloff.
- Risk-on sentiment toward crypto-linked assets is improving, with Bitcoin and Ethereum both gaining approximately 2%.
- Major U.S. indices are up more than 1%, reversing yesterday's decline driven by risk aversion.
- The move appears to be driven by market momentum and crypto correlation, as no company-specific news or earnings have been reported.