Bitcoin Sales Dwindle: Momentary Lapse or Steady Descent?
Bitcoin sales experienced a significant drop in January, particularly the sales of Bitcoin Ordinals, marking a 61% fall to $335 million from December’s peak of $868 million. The data was compiled by CryptoSlam, an NFT data aggregator, also highlighting that Ordinals were the first NFTs minted on the Bitcoin network. The Bitcoin sales decline and the devaluation of Ordinals are being linked to the oversaturated NFT market and new collections emerging from other blockchains. Despite the slump, som
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