Yeliz Akmaca 
Bitcoin and Gold entered the week with markets searching for clear direction, sharply reacting to Venezuela-centered political tensions. The last 48 hours of escalating geopolitical uncertainty have pushed investors toward safe-haven assets, creating simultaneous demand for both crypto and precious metals.
The timing of the crisis is notable. While expectations for a 2026 Fed rate cut are not fully priced in, Venezuela’s political developments have heightened risk perception, laying the foundation for Bitcoin and Gold to strengthen in tandem.
Bitcoin held above $93,000 on Tuesday, showing the most stable performance in weeks. At the same time, Gold regained momentum toward $4,450. The weakening US dollar provided a supportive backdrop for both assets.
Geopolitical Tensions Highlight Safe-Haven Appeal
The deepening political crisis in Venezuela is now pricing in as a global risk factor. President Nicolás Maduro’s detention by US forces and the subsequent legal proceedings introduced the prospect of prolonged uncertainty.
This triggered classic safe-haven behavior. Gold resumed its traditional role, while Bitcoin displayed similar patterns, increasingly acting as a macro hedge rather than just a speculative asset.
ETF Flows Support Bitcoin Demand
A key driver behind Bitcoin’s rise is ETF activity. Issuers led by BlackRock have recently increased total crypto exposure, with approximately $694 million in Bitcoin acquisitions—the strongest institutional demand since October.
Combined with decreasing exchange supply and rising open interest, these flows intensified upward pressure on Bitcoin. Holding above $93,000 refocused attention on the psychological $100,000 level.
Gold Gains from Fed Expectations
Gold prices are supported by both Venezuela-driven geopolitical risk and monetary policy expectations. After dipping to $4,430 earlier in the week, Gold rebounded to $4,450 as renewed US dollar selling pressure emerged.
Markets anticipate a more dovish Fed in 2026, widening Gold’s upside potential. Analysts note $4,550 as a short-term test level, with support at $4,393 and $4,296.
Silver Sees Risk Appetite Impact
Silver also posted strong performance. On January 5, spot Silver jumped over 5%, reaching $77.63 with intraday gains of 7%. The movement reflects partial risk appetite recovery, with $80–$81 as potential resistance and dips seen as buying opportunities.
Focus on Macro Data
Markets now watch upcoming US Nonfarm Payrolls data. Expected growth of 55,000 jobs and a 4% unemployment rate will influence Fed rate expectations. A weaker report could accelerate Bitcoin and Gold rallies, while stronger numbers may trigger short-term volatility.
Bitcoin is increasingly acting like a macro hedge alongside Gold. Venezuela is no longer just a political story but a financial catalyst impacting global capital flows.
Gold’s trajectory is cautious yet steady. Persistent geopolitical risks and dovish Fed expectations may test $4,550, while sudden USD strength could push prices toward $4,393 and $4,296. Movements are expected to remain gradual rather than sharp.
The intersection of geopolitical events and macro data will continue to shape Bitcoin and Gold, though the sustainability of current trends remains uncertain.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.