NFT Market Cap Slides Near Record Lows as Ethereum Drop Erases Blue-Chip Gains

ETH

ETH/USDT

$2,457.66

+0.81%

$2,457.66

+0.81%

(24s)

24h Volume

$4,255,315,503.27

24h H/L

$2,464.49 / $2,437.95

Change: $26.54 (1.09%)

Long/Short

60.4%

Long: 60.4%Short: 39.6%

Funding Rate

+0.0027%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,457.99

▲ 0.09%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,593.80

Resistance 1$2,516.30

Price$2,457.99

Support 1$2,448.56

Support 2$2,316.57

Support 3$2,190.00

Pivot (PP):$2,478.04

Trend:Uptrend

RSI (14):62.8

BeInCrypto Editorial

(10:55 AM UTC)

1 min read

Updated bySarah Chen

0 comments

The non-fungible token (NFT) market cap has fallen back toward record lows as Ethereum (ETH) declines. CryptoPunks trade near $53,000, Bored Ape Yacht Club pieces sit below $15,000, and Pudgy Penguins hover around $7,300.

ETH lost roughly 28% over the past 30 days and now trades near $1,640. Floors measured in ETH fell far less than dollar values, exposing the sector’s denomination risk.

Total NFT…