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Late on Friday, Illinois regulators shut down Metropolitan Capital Bank and Trust, a little-known institution with just $261 million in assets, handing control to the FDIC in what was officially a routine resolution.
But it landed in the middle of a much louder market shock.
On the same day the bank failed, gold and silver saw one of their sharpest one-day plunges in decades, and Bitcoin sold off sharply amid the broader rush out of risk. 24 hours later, and the markets that are open over the weekend are…
