A sharp plunge in the Philadelphia Fed manufacturing index coupled with rising prices added to U.S. stagflation fears amid the tariff war.
U.S. stocks, including Strategy (MSTR) and MARA Holdings, rose on possible progress on trade talks with the EU.
Gold soared to a new record high as the selloff in the U.S. dollar and long-term Treasuries continued in force on Friday.
President Trump said he authorized a 90-day pause on tariffs on countries that haven't retaliated against the U.S.
The White House denied a report that it was mulling a 90-day delay on imposition of tariffs.
Ethereum's ETH hit its weakest price against bitcoin in almost five years as macroeconomic concerns added pressure to risk assets.
At least one analyst questioned why GameStop's plan to buy bitcoin was necessarily a good thing.
Gold continues to be the star of the cycle, jumping to a new record above $3,050 per ounce.
A crypto rally to new highs may have to wait until later this year, said Coinbase Institutional's head of research.
The rebound in risk assets propelled BTC above its 200-day moving average, a key benchmark for the long-term trend.
Bitcoin managed a knee-jerk move above $84,000 after the U.S. CPI report, but returned to roughly flat for the day.
The price action came as the Nasdaq and S&P 500 stock indexes fell sharply early Monday as Trump failed to quell worries about a recession.
Bitcoin's fundamentals held up well during the latest dip, suggesting underlying strength, Swissblock analysts said.
Macro uncertainty combined with carnage in most of the rest of crypto is weighing bitcoin down.
The agency's withdrawal of the lawsuit could boost crypto prices, marking a milestone in U.S. regulatory oversight for the digital asset industry.
Ondo Finance's native token, MANTRA's OM and Chintai's CHEX posted double-digit gains during the crypto rebound, while many altcoins still nursed losses.
Agreeing to some of Trump's terms, Mexican President Claudia Sheinbaum said the U.S. will be pausing tariffs on her country for one month.
The selloff could provide traders an attractive entry opportunity in higher-beta altcoins such as Solana's SOL, which endured a double-digit pullback, one analyst said.
Bitcoin's dip to $100,000 was quickly bought up and its outlook still remains "bright," one analyst said.
Donald Trump did not mention crypto during his inauguration speech, leaving crypto traders' heightened expectations somewhat unfulfilled.
Crypto investors have high hopes for the incoming administration, including potential digital asset-focused executive orders that could add fuel to the rally.
Growing speculation of a potential spot XRP ETF is one of the factors driving the surge, one crypto analyst said.
The selloff in stocks and cryptocurrencies could mean Donald Trump's inauguration will less likely be a sell the news event, K33 Research said.
Mining stocks including WULF, BTDR, IREN and HUT dropped over 5%, while BTC holder medical devices firm Semler Scientific plunged 10%.
Stronger-than-expected job openings and ISM Services PMI rolled back investor expectations for further rate cuts for this year.
Altcoin majors, including ether and solana, also rose sharply as U.S. markets opened on the first full week after holidays, with the broad-based CoinDesk 20 advancing 3.5% through the day.
Fed Chair Jerome Powell's hawkish comments Wednesday on rate cuts have rattled investors across asset classes.
Altcoins as a group outperformed bitcoin, with AVAX and LINK leading sector gains.
Bitcoin is again outperforming, sliding just 3% back to $95,000.
Bitcoin was an outperformer, but still lower by 5% over the past 24 hours to just above $95,000.