Silver just got a breather as Trump delays announcing critical minerals tariffs. Here's what went down: the precious metal tumbled hard when the delay signals were picked up by traders. The hesitation on tariff implementation sparked a selloff, with investors reassessing their hedging strategies.

Why does this matter? Critical minerals tariffs could reshape commodity markets, and silver—being both a precious metal and an industrial commodity—gets caught in the crossfire. When tariff uncertainty eases (even temporarily), risk appetite picks back up, and traders dump defensive positions like physical silver.

For crypto investors watching macro correlations, this is a classic risk-off reversal. When traditional markets normalize, capital flow dynamics shift. Keep an eye on broader commodity sentiment—it often leads crypto volatility by a few moves.