Monthly NFT sales fall below $400M, marking yearly low
NFTs saw a sharp decline in August 2024, with monthly sales dropping to $374 million the lowest this year.
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NFTs saw a sharp decline in August 2024, with monthly sales dropping to $374 million the lowest this year.
There were 796,009 NFT buyers on secondary markets in Feb, accounting for roughly $2.6 billion worth of sales. The figures mark significant declines compared to the record month before.
Data shows that OpenSea has generated more than $700 million in sales so far this year putting the NFT marketplace on track for another record month.
According to the latest Coingecko report, during the second quarter (Q2) of 2023, the U.S. dollar value of BTC grew by nearly 7% while that of the entire crypto market capitalization only went up by 0.14%. In contrast, BTC’s average daily trading volume during the period fell by 58.7% from the $33.4 billion seen in [...]
The post Blackrock Bitcoin ETF Filing Announcement Propelled BTC in Q2 — Study appeared first on Crypto Breaking News.
NFTs recorded a monthly sales volume of $356 million in October, an 18% increase from the September record low.
NFT sales volumes for the week ending Oct. 6 hit nearly $85 million, the biggest selling week for NFTs since the end of August.
A trader walked off nearly $1.5 million richer after tricking a bot copying his trades to buy a slew of NFTs at a markup.
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