The cryptocurrency market continued to lose ground on Monday, following a decline on Friday driven by macroeconomic data that heightened concerns about rising inflation. Bitcoin (BTC) dropped 4% in the past 24 hours to trade at around $79,000. Meanwhile, Ethereum (ETH) slipped 3.4% to $1,960, while XRP fell 2% to $2.09. Solana (SOL) plunged 7% to $119, according to CoinGecko . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io