Oil prices ticked higher today as Brent crude futures closed at $63.75 per barrel, marking a modest gain of 49 cents or roughly 0.77%.

For crypto traders keeping tabs on macro indicators, energy prices still matter. When oil stabilizes or climbs, it often signals steadier inflation expectations and broader risk appetite—factors that historically correlate with capital flows into digital assets.

This uptick isn't dramatic, but it reflects ongoing supply-demand balancing in global markets. Worth noting: crude benchmarks have been range-bound lately, which tends to reduce volatility spillover into risk-on assets like BTC and ETH.

Keep an eye on whether this momentum sustains through the week. Energy sector movements can hint at shifts in institutional portfolio positioning before they show up in crypto orderbooks.