NFT Sales Plummet 44.7% to $63.3 Million Amid Crypto Market Pullback

The global NFT market saw a significant decline in sales over the past seven days, falling by 44.7% to $63.3 million.

This drop occurred as the broader crypto market pulled back, with Bitcoin trading near $77,600 and Ether changing hands around $2,440 on August 29.

Ethereum remained the largest NFT blockchain, accounting for $35.6 million in organic sales, although this figure represents a 49% decline from the prior seven-day period.

The top-selling collections were led by Courtyard, which generated $6.09 million in sales, followed closely by Argonauts with $5.7 million in sales.