Cocoa prices are outperforming bitcoin: Chart of the Day
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Cocoa (CC=F) prices have surged dramatically since October 2024, driven by severe supply shortages in the global market.
On today's Chart of the Day, Yahoo Finance Executive Editor Brian Sozzi reports that cocoa's market performance has exceeded even high-performing assets like bitcoin (BTC-USD). He examines the commodity's price rally and its ripple effects on major companies dependent on cocoa as a key ingredient.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Angel Smith
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