Crypto Prices Tumble as US Yields Rise and Fed Tightening Looms

Ripple's (XRP) momentum continues to weaken as the token falls below $1.50 on Monday, marking its third consecutive day of decline.

This drop comes after a sharp breakout to highs around $1.66 last week, but despite the fall, the broader technical structure shows a firm foundation, underpinned by a moving-average support cluster.

In other crypto news, Bitcoin (BTC) is losing momentum after its impressive 4% rally last week, cooling off near recent highs of over $82,800. Strong institutional demand and spot Bitcoin Exchange Traded Fund (ETF) inflows are driving the Crypto King's upside, but elevated US Treasury yields and expectations of further Federal Reserve tightening could weigh on its price.