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The global non-fungible token market has collapsed again, with its trading sales volume and floor price values plunging month-over-month. An in-depth market Analysis indicates that the trading sales volume has dropped by more than 50% in Q1 2025 from the previous quarter. In the past three months, the global non-fungible token market has raised a trading sales volume of $1.05 billion. NFT Sales Fall +50% In Q1 2025 Data compiled by Tiexo.com, an on-chain non-fungible token collection explorer and an analytic hub, shows that the global non-fungible token market has plunged again in sales in Q1 2025. In the past 90 days, the global NFT market has attracted a trading sales volume of over $1.0 billion, representing a 52% decline from the previous quarter. In Q4 2024, the NFT sales volume surged to over $2.2 billion, a 96% increase from the $1.12 billion in Q3 2024. The global non-fungible token market entered the new year healthy, but things turned around mid-way. In January 2025,...

Bitcoin (BTC) has struggled in the opening months of the year. Now, the Bitcoin short ratio has seen a rapid increase. In the second half of March, the leading cryptocurrency has been trading in a range between $83,000 and $88,000, but this latest bearish development could herald another retest of crucial support levels. First, let’s recap recent price action. In the past 24 hours, the price of the flagship digital asset has increased by 0.23%, accompanied by an appreciable amount of volatility. On a year-to-date (YTD) basis, Bitcoin has lost 7.43% in value. BTC price 1-day and year-to-date (YTD) charts. Source: Finbold That certainly isn’t bearish price action. In addition, readers should note the spike in volume seen in early March on the chart to the right, which indicates a strong level of demand at the $80,000 price point. Picks for you ...

According to a Jan. 11 report by CryptoQuant, an on-chain and market analytics tool, Coinbase’s Bitcoin OTC trading volume reached $7.7 billion today. On Jan. 10, an official SEC filing revealed that spot Bitcoin ETFs had received approval for listing on all registered national exchanges in the U.S., including the Nasdaq, NYSE, and CBOE. This approval follows a decade-long pursuit of this type of product. Coinbase records a year-high for #Bitcoin OTC transfer volume at $7 billion today.https://t.co/HrkV3TUGJT pic.twitter.com/vxv0znNJG2 — Ki Young Ju (@ki_young_ju) January 11, 2024 One day later, CryptoQuant reported that the purchase of Bitcoin (BTC) had surged in direct response to this announcement, reporting the highest level since Mar. 21 last year. It is also worth noting that the volume was at $1.3 billion a month earlier. You might also like: CryptoQuant unveil two potential scenarios for spot Bitcoin ETFs At the same time, Glassnode, an on-chain marke...

An increase in Bitcoin trading volume and positive on-chain data appear to be the primary forces behind BTC’s newfound strength. The beginning of 2023 has provided Bitcoin (BTC) with bullish indicators and the rally to a year-to-date high at $21,647 has crypto traders hopeful that the worst part of the bear market has ended. The surge effect of BTC’s bullish price action is also carrying over to Ether (ETH) and Bitcoin mining stocks. The reduction in Bitcoin Fear and Greed index to neutral is possibly driven by volume increases, Bitcoin on-chain data and BTC price decoupling from equities markets. While not all analysts believe a market bottom is in, let’s dive into the data. Trading volume and volatility return Bitcoin’s price spike has been accompanied by massive growth in trading volume. Over the last week, BTC volume has more than doubled, reaching $10.8 billion, a 114% increase over 7-days. Bitcoin trading volume. Source: Arcane Research Increased trading typically correlates to...