Ethereum

Bitcoin

Spot

Coin

<ul class="news-points"> 
 <li>The NFT marketplaces have recorded a weekly decline of 13.72% in sales.</li> 
 <li>Bitcoin-based NFTs witnessed a 17.99% decrease in sales despite amassing over $66 million.</li> 
 <li>Ethereum achieves a total of $63.98 million in sales in the week, marking a fall of 8.89%.</li> 
</ul> 
The Non-Fungible Tokens (NFTs) have been experiencing a significant<a href="https://www.cryptoslam.io/" target="_blank" rel="nofollow"> decline</a> in their sales over the last month. According to the recent updates, the NFT market has dipped by more than 13% in sales from the previous week. 
Notably, the NFT marketplaces’ downtrend is in stark contrast to the astounding achievements of the other sectors throughout March and the last week. The crypto trading volume reached an all-time high (ATH) in March, with spot trading volume<a href="https://www.bloomberg.com/news/articles/2024-04-04/crypto-trading-volume-reached-all-time-high-during-march-rally-ccdata-says" target="_blank" rel="nofollow"> rising by 108%</a> to $2.94 trillion. 
Similarly, the demand for Spot Bitcoin ETFs has also seen increasing over the month, especially over the past month. Reportedly, Bitcoin ETFs have<a href="https://coinedition.com/breaking-spot-bitcoin-etfs-mark-4-consecutive-days-of-net-inflows/"> surpassed</a> $12.6 billion in total net inflows with BlackRock’s IBIT leading the pack, boasting a total inflow of $14.77 billion. 
However, the NFT marketplaces plummeted in sales, with a 13.72% decline from the past week, marking the fourth consecutive week of sales decl…
The post <a href="https://coinedition.com/nft-sales-decline-for-4-consecutive-weeks-bitcoin-nfts-dip-by-17/">NFT Sales Decline for 4 Consecutive Weeks; Bitcoin NFTs Dip by 17%</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

NFT Sales Decline for 4 Consecutive Weeks; Bitcoin NFTs Dip by 17%

Coin Edition

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