Cardano extends losses, down 30% monthly as risk aversion weighs on crypto

The digital asset market is being pressured by a combination of factors that is generating significant risk aversion among market participants. Among the most relevant are rising inflation risks linked to the US–Israel–Iran conflict in the Middle East, which continues to keep energy prices elevated. This geopolitical pressure is increasing market expectations that the Federal Reserve could adopt a more restrictive stance, maintaining higher-for-longer interest rates or even raising rates further in order to contain price pressures.

Consequently, notable outflows are taking place from spot crypto ETFs, as institutional investors…