Bitcoin, Ether continue to drop, falling over 9%
Major cryptocurrencies extended losses and continued to fall on Monday, with both Bitcoin and Ether tumbling over 9% at 2:54 pm ET.
The rising concerns over inflation as well as the events in Ukraine are seemingly affecting the digital currencies heavily.
Bitcoin plunged 9.87% over the past 24 hours to sell for $30,688 at 3:00 pm ET. Meanwhile, Ether plummeted 8.87% going for $2,295 at 2:58 pm ET.