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Bitcoin Price Declines in Q1, Impacting the NFT Market

Summary by NFT Plazas
Bitcoin, the world’s largest cryptocurrency, started 2025 on uncertain footing after reaching record highs in late 2024. By early March, its value had dropped by more than 20% after climbing past $100,00 in December, raising concerns about broader market stability. This downturn has had ripple effects across the digital asset space, particularly on Ethereum—the backbone of the NFT market. As Bitcoin and Ethereum prices slide, questions arise abo…
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NFT Plazas broke the news in on Monday, March 17, 2025.
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