gm 👋
Bitcoin trades below $20k, sitting at $19,969 on low volumes of $19B. Ethereum is trying to hang on at $1500 but is at $1485 on extremely low volumes, even for a weekend, of $11B. August wraps up in 3 days, meaning we head into the historically volatile months of September/October for both crypto and TradFi markets.
NFT volumes were low as well, with $13M trading, $10M of it EVM-based NFTs and Solana-based NFTs at $1.3M. BAYC and related collections (MAYC, BAKC, and Otherdeeds) were collectively under $2M on the day. It's worth noting, floor priced NFTs of Azuki and Pudgy Penguins are increasingly being listed on Sudo swap.
Check out our Dune dashboard for details → https://dune.com/lhagiimn/cyan-market-dashboard
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NFT headlines:
After $177 Billion in Investment, Why Do Metaverse Graphics Still Suck?
Reddit’s CEO Loves Blockchain Avatars, but He Isn’t Saying ‘NFT’
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