NFT market rebounds 18% to $106 million

According to cryptoslam data, from October 29 to November 5, 2023, the sales volume of the NFT market increased by 18.30% compared to the previous week, reaching $106.32 million, and the trading activity increased. The number of buyers and sellers rose by 17.77% and 15.82%, respectively. Leading the way, the Ethereum-based NFT sales this week totaled $60.91 million, an increase of 8.55%. Bitcoin NFTs ranked second, with sales reaching $13.17 million this week, an increase of 154.75% compared to the previous week, setting a long-term growth record for Bitcoin-based NFTs.