South America's resource endowment is worth paying attention to. In terms of energy, the region has the world's largest hydropower potential, along with substantial oil and natural gas reserves. In precious metals, Chile is the world's largest copper producer, and Peru and Bolivia also have significant silver and tin reserves. Looking at mineral diversity, strategic minerals such as iron ore, lithium, and potash are widely distributed.

This has a profound impact on the global energy cost structure. Abundant hydropower means relatively low electricity costs, which directly affects the cost competitiveness of energy-intensive industries. At the same time, the enrichment of mineral resources causes the prices of basic industrial products to be heavily influenced by supply from South America, thereby affecting global commodity cycles and macro liquidity patterns. For investors interested in the correlation between commodities and the crypto market, tracking energy and mineral developments in South America is worthwhile.