Market Brief: Oil Lifted Stocks And Gold - Bitcoin Couldn't Keep Up

What happened: Lower oil gave stocks and gold a reason to rally on Monday, while Bitcoin traded like a risk asset losing buyers, held back by spot ETF outflows and a likely December rate hike. Key numbers: Consensus expects October CPI to rise 0.3% month over month, with core CPI up 0.2%. Why it matters: Bitcoin falls with stocks on down days but does not rise with them on up days, while gold rose during last week's selloff and kept its gains in the rally.

Lower oil gave stocks and gold a reason to rally on Monday, while Bitcoin traded like a risk asset losing buyers, held back by spot ETF outflows and a likely December rate hike.

Bitcoin falls with stocks on down days but does not rise with them on up days, while gold rose during last week's selloff and kept its gains in the rally.