Definition ∞ Commodities are basic goods used in commerce that are interchangeable with other goods of the same type. They are typically raw materials or agricultural products, such as oil, gold, or wheat. These assets form the foundation of many industrial and consumer goods.
Context ∞ In the realm of digital assets and crypto news, commodities are often discussed as a distinct asset class that can be represented or traded via tokenized forms or derivatives. News coverage might detail the correlation between commodity prices and cryptocurrency market movements, the introduction of commodity-backed tokens, or the use of digital assets to gain exposure to traditional commodity markets. Understanding this relationship is vital for analyzing macroeconomic influences on digital asset valuations.
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