Silver Hits Record Highs Amid Rate-Cut Bets, Crypto Slumps and Tariff Shortfall

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As per Bpaynews, silver surged to new highs driven by expectations of Fed rate cuts and tight supply, while Bitcoin fell about 8% below $85,000, wiping out roughly $1B in leveraged positions. U.S. equity futures edged higher, with the S&P 500 up 24 points, as traders weighed softer inflation prospects against a $100B tariff revenue shortfall that could impact the dollar and growth forecasts.

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