CryptoSlate data show Bitcoin rose around 1% to approximately $78,724 early Monday as lower oil prices and a weaker dollar supported risk assets. Brent crude fell about 3% to $110 a barrel. However, OPEC+ maintained December production targets despite disruptions to Middle Eastern exports, leaving Bitcoin vulnerable to renewed inflation pressure if oil shipments remain constrained. The Federal Reserve held interest rates at 3.75% to 4% on October 28, with two policymakers favoring another increase. October US inflation figures and an updated oil outlook from the Energy Information Administration, both due November 10, will provide the next macroeconomic test for Bitcoin's recovery.
