The global non-fungible token market has tanked again

The global non-fungible token market has tanked again in trading sales volume this past week. In the past seven days, the NFT market has raised a trading sales volume of $86 million

The global non-fungible token market has again tanked in trading sales volume this past week.

Non-fungible token market trading sales volume plunged by 12% this past week as the NFT market continues to flounder amid the broader crypto market downturn. Over the past seven days, the NFT market has raised a trading sales volume of $86 million. Last week, the global NFT market recorded a trading sales volume of $97 million.

The crypto community has linked the general crypto market turbulence to the ongoing tariff wars around the globe. Earlier this month, President Donald Trump announced a blanket tariff on all goods entering the United States. He also added new duties on goods from 185 countries, which the president described as the “worst offenders” in terms of perceived unfairness in trade. The new tariff, slated to kick in on April 9, has fueled shockwaves through global stock markets.

Trump was supposed to be great for crypto traders,instead bitcoin is under 80k and the crypto market is down hundreds of billions because of Trump’s tariffs. Stocks are now trading at or lower than 2023 prices when rate hikes began.

แถมด้วย

โดยตรง.https://t.co/i3Q78707wT— Joey Palimeno (@PalimenoForGAD1) April 7, 2025

The crypto market has seen a massive downturn in recent times, with the flagship cryptocurrency, Bitcoin (BTC), falling below the $90,000 mark and Ethereum (ETH) dropping below $2,000.

Non-fungible token trading sales volume plunged this past week as the broader crypto market continues to flounder. From March 31 to April 7, the NFT market has massively tanked in trading sales volume. The non-fungible token market recorded a trading sales volume of $86 million. Last week, the global NFT market had an estimated trading sales volume of $97 million.

The crypto community has linked the general crypto market turbulence to the ongoing tariff wars around the globe. Earlier this month, President Donald Trump announced a blanket tariff on all goods entering the United States. He also added new duties on goods from 185 countries, which the president described as the “worst offenders” in terms of perceived unfairness in trade. The new tariff, slated to kick in on April 9, has fueled shockwaves through global stock markets.

Trump was supposed to be great for crypto traders,instead bitcoin is under 80k and the crypto market is down hundreds of billions because of Trump’s tariffs. Stocks are now trading at or lower than 2023 prices when rate hikes began.

แถมด้วย

โดยตรง.https://t.co/i3Q78707wT— Joey Palimeno (@PalimenoForGAD1) April 7, 2025

The crypto market has seen a massive downturn in recent times, with the flagship cryptocurrency, Bitcoin (BTC), falling below the $