Non-fungible token (NFT) sales continue to sink, with total sales volume dropping to $112.7 million amid economic uncertainties. Despite the downturn, new traders are entering the market, suggesting enduring appeal even as major collections like Pudgy Penguins experience significant losses.
The crypto market lost $500 billion following a Federal Reserve warning on inflation, but Bitcoin is rallying back, approaching the $100,000 milestone. Optimistic economic data and bullish investor sentiments fuel the recovery.
As the crypto market faces a downturn, Litecoin (LTC) experiences a significant drop, with traders rallying to defend the crucial $100 support level through strategic leverage. This move aims at mitigating further declines and preparing for a potential rebound amidst ongoing global geopolitical tensions.
