Copper’s price has taken a huge tumble, so how does that work for the big miners who were pivoting towards the metal?

MARKET WRAP:

• ASX200: down 0.2% to 8,742
• GOLD: $3,310/oz
• BITCOIN: $183,594

CURRENCY UPDATE:

• AUD/USD: 64.5 US cents
• AUD/GBP: 48.7 British pence
• AUD/EUR: 56 Euro cents
• AUD/JPY: 96 Yen
• AUD/NZD: 1.09 NZ dollars