NFT Sales Decline by More Than 25% as Bitcoin Takes Control of a Slowing Market

During the seven-day period ending on April 21, 2024, recent data reveals that non-fungible token (NFT) sales have decreased by 25.48%, with total sales amounting to around $236.96 million. Bitcoin was the dominant force in the NFT market this week, accounting for $111.8 million in sales since April 14. The decline in NFT revenues this week was significant, dropping by 25.48% compared to the previous week.

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