Bitcoin Surges, Gold Price Soars & U.S. Sells Venezuelan Oil

Bitcoin surged above $97,000 on January 14, driven by optimism surrounding U.S. regulatory developments, including a proposed digital assets bill, and broader gains across major cryptocurrencies. Gold and silver prices extended gains near record highs amid increasing expectations of a U.S. Federal Reserve interest rate cut and heightened demand for safe-haven assets. The United States completed its first sale of Venezuelan crude under a revised energy framework, generating approximately $500 million. The transaction is part of a broader $2 billion agreement aimed at managing proceeds through U.S.-controlled accounts, while energy firms like Chevron anticipate expanded licenses that could boost Venezuelan oil production and exports.