Update
Bitcoin Recovers from Oil Prices
Bitcoin rose about 1% to around $78,724 early Monday, recovering from last week's market turmoil. This recovery was influenced by falling oil prices and a weaker dollar, which offered some relief to risk assets. Brent crude declined about 3% to $110 a barrel, offering a reprieve from inflation fears. OPEC+ producers maintained September production targets through December, potentially prolonging uncertainty for Bitcoin's recovery ahead of crucial US economic data.