According to CryptoSlate data, Bitcoin rose about 1% to around $78,724 early Monday, as falling oil prices and a weaker dollar supported risk assets. Brent crude fell about 3% to $110 a barrel. However, OPEC+ maintained its December production targets despite disruptions to Middle Eastern exports; if oil shipments remain constrained, Bitcoin could still face renewed inflationary pressure. On October 28, the Fed held interest rates at 3.75% to 4%, while two policymakers favored another rate hike. U.S. October inflation data, due on November 10, and the Energy Information Administration’s updated oil market outlook will be the next macroeconomic tests for Bitcoin’s recovery.