Gold and silver hit record highs as investors seek safety, while cryptocurrencies face a sharp sell-off. Bitcoin slipped below $90,000 amid heavy liquidations, rising bond yields, macro uncertainty and geopolitical tensions, wiping out nearly $150 billion from crypto markets.
Rupee strengthens to 95.59 amid drop in oil prices & RBI dollar sales
On Tuesday, the Indian rupee appreciated to 95.59, benefiting from a decrease in oil prices. The central bank’s dollar sales helped mitigate pressure on the