Bitcoin surged close to $71,000, marking a 3.9% increase in 24 hours, as U.S. Energy Secretary Chris Wright announced plans to increase diesel supply. This move aims to alleviate inflation pressures by reducing transport costs, potentially benefiting risk assets like cryptocurrencies. Despite the daily gains, Bitcoin remains down 3.6% over the past week, highlighting ongoing market volatility. The Fear & Greed Index remains at 8, indicating extreme fear among investors. Historically, such low readings have preceded significant market movements. Meanwhile, Ethereum rose 4.8% to surpass $2,100, and Solana increased by 4.7% to trade around $91. The broader market's synchronized gains suggest macroeconomic relief rather than asset-specific catalysts. Energy policy changes could ease inflation, providing the Federal Reserve with more flexibility on interest rates, which may support risk assets. However, the market's cautious sentiment and recent price trends suggest uncertainty persists. Investors are advised to monitor developments in energy policy and market sentiment closely.