Most leading cryptocurrencies posted losses Monday, with XRP falling 3.5% and Dogecoin dropping 4.6%, reflecting broader risk-off sentiment in financial markets.
Bitcoin and Ethereum also declined slightly, amid renewed concerns over U.S. monetary policy, inflation, and global financial stability.
Analysts suggest crypto assets are under pressure as investors shift toward safer instruments like gold and Treasuries.
The pullback comes amid heightened market volatility and fading momentum from recent rallies.