🚨NFT sales decline 5.3% to $100.9M, while Bitcoin NFT sales plunge 30%.🚨

The NFT$ market remains on a downward trajectory despite a slight recovery in crypto prices, with Bitcoin edging up to $84,000 and Ethereum stabilizing at $1,900.

The global crypto market cap has risen to $2.77 trillion from $2.73 trillion last week.

According to CryptoSlam data, NFT sales volume dropped 5.34% to $100.9 million. However, market participation has surged, with significant increases in both buyers and sellers.

Key weekly metrics:

NFT sales volume declined from $99.1 million to $100.9 million.

NFT buyers surged 70.97% to 350,146.

NFT sellers increased 68.57% to 225,465.

NFT transactions rose 16.90% to 1,696,996.

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