While continued demand and investment from private and public sectors is driving cobalt production, geopolitical tensions and oversupply pose long-term market risks.
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At its recent price of about $106,000, Bitcoin (CRYPTO: BTC) is obviously a long way from $200,000. Bitcoin, while no longer a speculative asset, is still one that many investors, especially those in major financial institutions, consider risky. This is one reason Bitcoin's price is correlated with the movement of stocks.