Bitcoin NFTs Hit Record $4B Sales as Overall NFT Market Declines
TL;DR Despite a 54% drop in the overall NFT market in May, Bitcoin NFTs hit a record $4 billion in sales. They dominated the 30-day sales
Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain
TL;DR Despite a 54% drop in the overall NFT market in May, Bitcoin NFTs hit a record $4 billion in sales. They dominated the 30-day sales

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TL;DR According to Goldman Sachs’ Mathew McDermott, the approval of Bitcoin ETFs marked a psychological turning point. The success of the ETFs triggered a surge in
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