Bitcoin Leads NFT Sales as Weekly Volume Climbs 66.58% to $76.56M

Bitcoin accounted for about 40.6% of NFT sales in a seven-day tally ending Saturday, Oct. 24, as total sales rose 66.58% to $76.56 million and the network moved ahead of Ethereum in blockchain sales. Sales on the Bitcoin network reached $31.07 million, a 268.06% increase from the preceding seven-day period. Ethereum recorded $24.64 million, up 32.59%. The market tally also showed more activity. Transactions increased 35.05% to 764,169. Buyer addresses rose 46.38% to 156,715, and seller addresses climbed 53.09% to 135,930. In the seven-day snapshot dated Oct. 17 , global NFT sales totaled $47.14 million, with Ethereum leading blockchain sales at $19.59 million and Bitcoin ranking third at $8.25 million. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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