The world's leading cryptocurrencies, Bitcoin (BTC) and Ether (ETH) fell on Monday, continuing their downward trend.
Cryptocurrencies are facing high volatility after the US Federal Reserve's most significant interest rate hike since 1994 and the subsequent market decline amid growing concerns about inflation and recession.
Bitcoin fell by 2.07% at 3:48 pm ET, selling for $20,124, while Ether dropped 1.67% to go for $1,108.10 a minute later.