Jim Cramer • Cryptocurrency

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CNBC's Jim Cramer sounded the alarm on Monday

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amid a cryptocurrency market crash.

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On Monday, at the time of writing, Bitcoin was at an 18-month low, losing 13.44

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percent in the last 24 hours, while Ethereum, BNB, Dogecoin had lost 15.35

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percent, 12.68 percent. and 15.65 percent, according to CoinMarketCap.

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"Jim, are you afraid the VIX is signaling that people - there's not enough fear at the moment?"

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asked CNBC moderator Joe Kernen during Squawk Box with reference to the CBOE Volatility Index,

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which shows the volatility of the S&P 500.

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