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NFT Market Meltdown: $119 Million in Sales Marks Dramatic 33% Drop – Markets and Prices Bitcoin News

Summary by Bitcoin.com
Non-fungible token (NFT) analytics reveal that NFT sales faltered in early February, with $119.49 million recorded during the first week of the month—a 33.73% contraction compared to the preceding seven-day stretch. Digital Collectible Buyers and Sellers Slide Significantly Data sourced from cryptoslam.io illustrates a pronounced cooling in the digital collectibles arena. Weekly figures slumped to […]
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Bitcoin.comBitcoin.com

NFT Market Meltdown: $119 Million in Sales Marks Dramatic 33% Drop – Markets and Prices Bitcoin News

Non-fungible token (NFT) analytics reveal that NFT sales faltered in early February, with $119.49 million recorded during the first week of the month—a 33.73% contraction compared to the preceding seven-day stretch. Digital Collectible Buyers and Sellers Slide Significantly Data sourced from cryptoslam.io illustrates a pronounced cooling in the digital collectibles arena. Weekly figures slumped to […]

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TECHTELEGRAPHTECHTELEGRAPH

NFT sales drop 33% to $119.5m, Pudgy Penguins still in lead - TECHTELEGRAPH

The NFT market has pulled back sharply alongside a broader crypto selloff, with Bitcoin falling to $96,000 and Ethereum tumbling to $2,600. The latest data shows that the overall crypto market cap has contracted to $3.13 trillion from last week’s $3.5 trillion. According to CryptoSlam data, NFT markets have cooled this week as both prices and trading activity fell. The total sales volume reached $119.5 million — a 33% drop from the previous week…

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ecnetnews.comecnetnews.com

NFT Sales Decline by 33% to $119.5 Million, Pudgy Penguins Maintains Top Position

The NFT market is experiencing significant declines amid a broader cryptocurrency selloff, as Bitcoin drops to $96,000 and Ethereum decreases to $2,600. Recent data reveals that the total cryptocurrency market capitalization has shrunk to $3.13 trillion, down from $3.5 trillion last week. Market analysis indicates a downturn in NFT activity this week, with prices and trading volumes both declining. The total sales volume for NFTs reached $119.5 …

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crypto.newscrypto.news

NFT sales drop 33% to $119.5m, Pudgy Penguins still in lead

The NFT market has pulled back sharply alongside a broader crypto selloff, with Bitcoin falling to $96,000 and Ethereum tumbling to $2,600. The latest data shows that the overall crypto market cap has contracted to $3.13 trillion from last week’s…

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crypto.news broke the news in on Saturday, February 8, 2025.
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