NFT Sales Surge 102% to $122.5M Despite Crypto Market Dip
The NFT market recorded $122.5 million in sales volume over the past week, surging 101.61% from the previous period.
Summary
- NFT weekly sales surged 101.6% to $122.5M despite broader crypto market weakness.
- Ethereum led with $77.6M in sales, up 179%, while Bitcoin jumped 127% to $21.7M.
- A $13.7M Bitcoin BRC-20 NFT sale set a new weekly high for the market.
NFT buyers climbed 38.75% to 187,288, while sellers jumped 47.19% to 164,685. Transaction volume increased 7.99% to 702,526.
This is happening at a time when Bitcoin has retreated to the $89,000 level, while Ethereum has slipped below the $3,000 mark.
The global crypto market cap now stands at $3.02…
