The Fear and Greed Index fell to 56 on Monday, returning to a neutral range, a significant decline from 67 a week ago and the all-time high of 82 set on August 26. Bitcoin once dropped from $86,978 to $81,749.83. Last week, there was a net outflow of $386.3 million in spot Bitcoin ETF. Myriad traders' pricing of Bitcoin reaching $87,500 in October and then falling to $80,000 also decreased compared to October 7th.

Cleveland Fed Chair Beth Harker stated on Monday that in order to curb inflation, a tighter monetary policy may be necessary, and she suggested that the Federal Reserve should make smaller, gradual adjustments more quickly. She warned that persistently high inflation increases the risk of "inflationary thinking" becoming deeply ingrained in the economy.

Micron Technology's stock price fell nearly 4% during trading on Monday, following news that China's ChangXin Memory Technology Corporation had made progress in the design of next-generation memory chips. The news sparked concerns in the market that Chinese manufacturers may challenge the pricing power of established suppliers that have benefited from the boom in artificial intelligence in the future.

Bitcoin fell back after failing to hold above $84,000. Affected by rising oil prices and doubts about a "cease-fire" in energy supplies between Russia and Ukraine, traders are taking a defensive stance in the options market, while still betting on a potential upward breakout.

On Monday, Trump defended his decision to temporarily lift restrictions on Russian diesel exports last week, stating that he "made the right choice." This decision had previously drawn criticism from both parties; several Republican lawmakers and Democrats were concerned that it would provide financial support to Russia and weaken U.S. pressure on the country.