#arabica coffee

The post Why Weather Concerns Just Sent Coffee And Chocolate Prices Soaring appeared on BitcoinEthereumNews.com. Topline Coffee and chocolate, two of the world’s most widely consumed and traded commodities, soared in value as investors appeared concerned El Niño weather patterns could disrupt harvests across Brazil and West Africa, with analysts warning that coffee has approached “meme-stock territory.” Arabica coffee futures soared toward “meme-stock territory” after their largest one-day move in decades, analysts said. AFP via Getty Images Key Facts Coffee futures jumped as much as 18.5% on Monday, hitting $3.57 per pound in the commodity’s largest intraday gain since 2000, and extending a 48% rally since June 10, before stumbling by more than 7% in early trading Tuesday. Monday’s “historic session” pushed coffee futures into “meme-stock territory,” according to the financial services group StoneX, which said aggressive buying by institutional investors and computer-driven trading fu

The post Bitcoin Holds Near $63K as Coffee Outshines Crypto and Gold appeared on BitcoinEthereumNews.com. Bitcoin News Bitcoin (BTC) traded quietly this week even as the single best trade across global markets came from an unlikely place: the coffee aisle. While Bitcoin and gold absorbed most of the attention, arabica coffee delivered a move neither could match, jumping in one session by a margin that dwarfed the crypto majors. For traders tracking Bitcoin as a macro barometer, the contrast is instructive: the flagship digital asset posted a steady but modest advance, while a soft commodity staged one of the largest daily rallies of the century, underscoring how rotation into hard assets is reshaping this cycle. The commodity that stole the spotlight was arabica coffee, which surged 16.19% on Monday for its biggest single-day gain this century and closed at a 5.5-month high. Robusta contracts climbed 8.83% in the same session to a five-month peak. The advance lifted coffee futures roug

The post The Best Trade of the Week Wasn’t Crypto or Gold, It Was Your Morning Coffee appeared on BitcoinEthereumNews.com. One of the best trades of the week, was not Bitcoin or gold. It was sitting in your kitchen.The arabica coffee price jumped 16.19% on Monday, its biggest single-day gain this century, closing at a 5.5-month high. Robusta contracts climbed 8.83% to a five-month peak in the same session. The move lifted coffee futures roughly 43% above their early June low near 239 cents per pound. Harvest delays in Brazil, shrinking exchange stocks, and El Nino risks fueled the rally. Neither the crypto majors nor gold’s record run came anywhere near that one-day move. Why the Coffee Price Is Surging After Brazil Harvest Delays According to Barchart, September arabica gained 48.75 cents on Monday, its largest one-day advance since at least 2000. The spark came from Brazil, the world’s biggest coffee producer. JUST IN 🚨: Coffee soars more than 16% for its biggest gain this century ☕