Bitcoin News Today: NFT Trading Volume Drops 35.7% to $16.03 Million as Bitcoin Ethereum Price Pulls Weigh

The total trading volume of non-fungible tokens (NFTs) fell by 35.7% over the past 24 hours, reaching $16.03 million, according to data from multiple sources [1]. This decline marks a continuation of a broader trend of volatility in the NFT market, which has experienced significant fluctuations since early 2025. The drop reflects waning investor interest amid growing concerns about speculative bubbles and the sector’s alignment with broader cryptocurrency market dynamics [1].

Analysts attribute the decline to a combination of macroeconomic factors and sector-specific challenges. The recent pullback in Bitcoin and Ethereum prices, driven by regulatory scrutiny and macroeconomic uncertainty, has spilled over into NFT trading activity [1][2]. Additionally, the NFT market has faced criticism for low utility and environmental concerns, which have dampened long-term adoption [2]. Jefferies analysts adjusted their price target for the Nikkei 225 Mini Futures index in response to these broader market conditions, signaling caution about near-term momentum in asset classes perceived as high-risk [2].

The latest figures follow a similar 35.7% decline reported a week earlier, suggesting a pattern of sustained downward pressure on NFT trading volumes [1]. Market participants have noted that while the NFT market attracted speculative investment during the 2024-2025 bull run, recent months have seen a shift toward more selective trading strategies. This shift aligns with broader institutional investor behavior, where capital has been reallocated to sectors perceived as less volatile, such as artificial intelligence infrastructure and renewable energy [2].

Despite the current slump, some industry observers remain optimistic about the long-term potential of NFTs, particularly in applications like virtual real estate and digital identity verification. However, they caution that the market must address issues of scalability, regulatory clarity, and environmental sustainability to regain momentum. For now, the NFT sector appears to be in a consolidation phase, with trading activity concentrated in a few high-profile collections rather than widespread participation [2].

Source: [1] Data: The Overall NFT Trading Volume in the Last 24 Hours Has Decreased by 35.7%, [https://www.moomoo.com/hant/news/flash/20776600/data-the-overall-nft-trading-volume-in-the-last-24] [2] 大阪小日经指数主连(2509) (NK225MMAIN) 期货, [https://www.moomoo.com/hans/futures/NK225MMAIN-JP]