🌎 Bitcoin Hits New High, NFT Sales Surge 94% to $178.8M

Amidst Bitcoin’s new all-time high of $93,434.36, the non-fungible token (NFT) sales volume has surged by 94.1% to $178.8 million. The global cryptocurrency market capitalization has reached $3.03 trillion, marking a 4% increase over the last day. Bitcoin has also retraced slightly, currently trading at $91,295.

NFT Market Sees Significant Growth

Last week’s NFT sales volume stood at $96.1 million. However, recent data indicates that NFT sales have nearly doubled, reaching $178.8 million. Several blockchains saw notable increases in their NFT sales volumes.

Ethereum Leads the NFT Market

The Ethereum blockchain dominates the market with $67.5 million in sales, reflecting a 130% increase in the last seven days. The number of NFT buyers on the Ethereum blockchain grew to 32,064, marking a 48.03% rise.

Bitcoin’s Strong Performance

Bitcoin has solidified its position in the NFT market with a 139.46% increase in sales volume over the last seven days, reaching $59.2 million.

Other Notable Blockchains

Solana holds the third position with $24.4 million in sales, showing a 94.65% increase during the last week. Mythos Chain (MYTH) remained in fourth place at $10.8 million, with a slight 0.48% decrease. Immutable claimed the fifth position with $4.75 million in sales, marking a positive 23.82% growth.

Top NFT Collections

BRC-20 NFTs retained their dominance with $28.1 million in sales volume, showing a 207.87% increase. CryptoPunks secured second place with $23.2 million in sales, marking a 688.74% increase.