Jim Cramer • Cryptocurrency

CNBC's Jim Cramer sounded the alarm on Monday

amid a cryptocurrency market crash.

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

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

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

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

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

which shows the volatility of the S&P 500.

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