Cryptocurrency prices today: Altcoins follow Bitcoin's weakness while waiting for more signals from the Fed

Broader cryptocurrency prices tracked Bitcoin's losses as risk appetite remained fragile. The focus this week is on more signals from the Federal Reserve, with Chairman Jerome Powell set to testify before Congress starting Tuesday.

Ether, the second-largest cryptocurrency in the world, fell by 1.9% to $2,247.59, while XRP dropped by 2.5% to $2.0299.

Cardano and Solana each declined by more than 1%.

Among meme coins, Dogecoin decreased by 1.3%, while $TRUMP fell by 1.6% to $8.706.