Oil Surges, Fed Notes Higher Inflation, Bitcoin Dips Amid Insider Sales

Market News
1. Brent and US crude oil prices surged significantly, rising 1.89% to $97.81/bbl and 2.41% to $96.02/bbl respectively.
2. The Federal Reserve's Beige Book indicates slight to moderate economic growth, stable employment, but higher inflation and increased business uncertainty.
3. Bitcoin dropped below $66,000, while several major company insiders like BrightSpring, Astera Labs, and Boyd Gaming plan to sell millions of dollars worth of their stock.