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NFT Market Cools Down Once Again as Crypto Prices Heat Up

The market for non-fungible tokens (NFTs) showed signs of a cooldown last week, even as the prices of many cryptoassets have been on the rise. According to a new report from crypto research firm Delphi Digital, activity...

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

NFT Market Cools Down Once Again as Crypto Prices Heat Up
 
The market for non-fungible tokens (NFTs) showed signs of a cooldown last week, even as the prices of many cryptoassets have been on the rise.
According to a new report from crypto research firm Delphi Digital, activity in the NFT market has slowed down over the past week, with the volume of NFTs traded on Ethereum (ETH) falling 35% week-over-week in USD terms. 
Additionally, the total number of unique NFT buyers has fallen more than 20% since last week....
Read More: NFT Market Cools Down Once Again as Crypto Prices Heat Up

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

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