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Bitcoin NFTs in the
ecosystem are experiencing significant price surges, with the floor price of Node Monkey (Ape NFTs) rising over 60% in 24 hours to 0.08 BTC, according to market data from Magic Eden. This sharp increase outpaces gains in other blue-chip collections, which also saw double-digit or higher price jumps. The 24-hour trading volume for Node Monkey reached 10.29 BTC, reflecting heightened investor activity. Meanwhile, Bitcoin Puppets rose 38.9% to 0.054 BTC with 5.059 BTC in volume, while Taproot Wizards climbed 12.8% to 0.237 BTC and OMB surged 43.3% to 0.032 BTC [1].The rapid price movements underscore growing demand for Bitcoin-based NFTs, a niche but increasingly prominent asset class. Analysts attribute the gains to speculative trading and the broader narrative of Bitcoin’s ecosystem expanding beyond native assets. However, the market’s volatility remains a critical risk. Theblockbeats.io notes that Bitcoin NFT trading volumes are still relatively low compared to Ethereum-based counterparts, amplifying price swings and exposing investors to liquidity challenges [1].
While the Node Monkey collection’s performance is the most striking, the collective rally highlights a shift in investor sentiment toward Bitcoin’s digital collectibles. This trend aligns with the broader adoption of Ordinals and inscriptions, which have enabled NFT creation on the Bitcoin blockchain. The 24-hour trading volumes for the four collections—ranging from 4.025 BTC to 10.29 BTC—indicate concentrated but active markets, though their size pales in comparison to established
NFT platforms like OpenSea.The surge also raises questions about the sustainability of Bitcoin NFTs as a mainstream asset class. High entry barriers, including Bitcoin’s price volatility and the technical complexity of minting and trading Ordinals, could limit broader adoption. Additionally, the nascent nature of the market means that prices remain highly susceptible to macroeconomic shifts or regulatory scrutiny.
Despite these risks, the recent momentum suggests a growing appetite for Bitcoin NFTs among traders seeking exposure to emerging technologies within the cryptocurrency space. Theblockbeats.io advises caution, emphasizing that the market’s small size and speculative nature require careful risk management [1].
Source:
[1] [BlockBeats News] [https://www.theblockbeats.info/en/flash/304737]

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