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NFT Cointelegraph

NFT hype evidently dead as daily sales in June 2022 dip to one-year lows

The NFT boom was supported by a healthy and bullish crypto ecosystem and positive investor sentiment. However, Bitcoin’s bear market has had an adverse impact on the crypto ecosystem.

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Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

NFT hype evidently dead as daily sales in June 2022 dip to one-year lows

The NFT boom was supported by a healthy and bullish crypto ecosystem and positive investor sentiment. However, Bitcoin’s bear market has had an adverse impact on the crypto ecosystem.

Why this matters

This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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