NFT Sales Plunge 33% to $119.5M as Crypto Market Retreats

NFT Sales Plunge 33% to $119.5M as Crypto Market Retreats

Market Decline Amid Broader Crypto Selloff The NFT market has experienced a sharp downturn, mirroring the broader cryptocurrency correction. Bitcoin has dropped to $96,000, while Ethereum has declined to $2,600. As a result, the total cryptocurrency market capitalization has contracted from $3.5 trillion to $3.13 trillion over the past week. According to CryptoSlam, NFT trading volume has fallen significantly. Total sales reached $119.5 mi...

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