As macro anxieties ripple through cryptocurrencies and stock indexes, the market for non-fungible tokens continues to see meaningful gains in floor prices and volumes.and the benchmark Dow Jones ended the day in the green after dropping by 3.25% around midday. Worries about the US Federal Reserve's plans to scale back stimulus and raise interest rates pulled stocks lower earlier Tuesday, with the Dow Jones up a mere 0.07% at press time.
Bitcoin, subject to a steep price decline since the start of the year, is currently trading hands at around $37,300 on Coinbase. Meanwhile, the NFT market appears to be offering a sort of oasis for investors and speculators. The floor price for Bored Ape Yacht Club and CryptoPunks are both up in the last 24 hours, according to data fromVolumes for NFT marketplaces have also ticked up. OpenSea set a record for monthly volumes this week, surpassing its August record after reaching more than $3.
not true nft mkt index just cut in half
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