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

ETH

ETH/USDT

$2,688.59

-0.63%

$2,688.59

-0.63%

(24s)

24h Volume

$9,858,650,203.63

24h H/L

$2,743.00 / $2,668.84

Change: $74.16 (2.78%)

Long/Short

60.9%

Long: 60.9%Short: 39.1%

Funding Rate

-0.0011%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,682.12

▼ -0.35%

Volume (24h): -

Resistance Levels

Resistance 3$3,143.74

Resistance 2$2,778.89

Resistance 1$2,700.65

Price$2,682.12

Support 1$2,681.00

Support 2$2,567.35

Support 3$2,314.75

Pivot (PP):$2,700.65

Trend:Uptrend

RSI (14):62.6

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…