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  • NFT Trading Volumes Collapse 97% From January Peak - Bloomberg

    (Bloomberg) -- Trading volumes in nonfungible tokens -- digital art and collectibles recorded on blockchains -- have tumbled 97% from a record high in January this year. They slid to just $466 million in September from $17 billion at the start of 2022, according to data from Dune Analytics. The fading NFT mania is part of a wider, $2 trillion wipeout in the crypto sector as rapidly tightening monetary policy starves speculative assets of investment flows.Most Read from BloombergGermany Suspects

    September 28, 2022 at 7:27:55 AM EDT * - permalink -
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    - https://ca.finance.yahoo.com/news/nft-trading-volumes-collapse-97-084909316.html
    Bloomberg Dune-Analytics collectibles Bloomberg-Businessweek digital-art
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