The NFT market continues its positive run with sales volume increasing by 10.69% to $115 million.
According to data, this is the second consecutive week of growth for the sector. Bitcoin price has recovered to the $104,000 level. At the same time, Ethereum has shown a 35% recovery in the last seven days and is hovering at the $2,500 level.
The global crypto market cap is now $3.33 trillion, up from last week’s $3 trillion. Despite rising sales, market participation has declined sharply, with NFT buyers dropping by 76.8% to 126,075. Also, NFT sellers fell by 74.42% to 72,336. NFT transactions have also decreased by 11.57% to 1,524,846.
