Cryptocurrencies took a hit this morning as investors brace themselves for the Federal Reserve's upcoming meeting this week, which is expected to end with yet another big rate hike.

As of 10:41 a.m. ET Monday, the price of the world's largest cryptocurrency, Bitcoin (CRYPTO: BTC), traded roughly 3.3% lower over the last 24 hours. At one point earlier this morning, the price of Bitcoin had fallen to a three-month low below $19,000 per token.

The price of meme tokens Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) traded 4.5% and 5.4% lower, respectively.

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Source Fool.com