NFT market activity dropped significantly over the past week as sales volume plunged nearly 70% to around $65 million. Buyer and seller participation declined heavily, leading to a notable fall in total NFT transactions.
Why Psychology Matters More Than Charts :
Despite the NFT slowdown, the broader crypto market remained stable, with Bitcoin holding near $90,000 and Ethereum staying above $3,000. Ethereum continued to lead NFT sales, while BNB Chain and Solana showed relative resilience. High-value trades were still dominated by CryptoPunks, securing the top individual NFT sales.
