NFT market transactions decline approximately 40% to 94.91 million USD this week

NFT transactions diminished by 39.93%, totaling 94.91 million USD this week. Despite the decline in transaction volume, the number of NFT buyers increased by 33.14%, reaching 509,798 individuals.

The number of sellers grew by 21.04% to 413,225. Meanwhile, Ethereum’s transaction volume fell by 62.46% to 36.75 million USD, while Bitcoin’s increased by 15.57%, reaching 13.07 million USD.

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