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by: xpoolPosted on: August 18, 2025

NFT Market Suffers $1 Billion Drop as Ethereum Prices Cool Down

The non-fungible token (NFT) market has experienced a notable decline, shedding over $1.2 billion in value within a week as Ethereum’s price rally slowed. Data from NFT Price Floor reveals the total market capitalization plummeted to $8.1 billion on Monday, marking a 12% drop from Wednesday’s peak of $9.3 billion, signifying volatility in the space.

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