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Crypto markets are softer, with Bitcoin down 2% to $19.6k on $25B turnover and Ethereum down 2% to $1335 on $9B of volume. Global macro is on the move again, with tech companies dropping with AMD losing 11% and FAANGs down 3%. US September jobs numbers were strong, thus placing pressure on markets with worries of large rate hikes instead of a euphoric reversal of hawkishness — DXY back above 112.

Overall NFT volumes hang around $10M, with ETH-NFTs at $6M and Solana-NFTs at $3M. Sorare takes the top spot with $1.1M as the World Cup approaches a month away from starting. Art Blocks is back on the boards coming in second with $900k of volume on 183 transactions — everything else remains stale.

Check out our Dune dashboard for details → https://dune.com/lhagiimn/cyan-market-dashboard

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NFT headlines:

JPEGs Are ‘Not the Future of Web3 and NFTs’: Polygon Studios Metaverse Lead

HUGO PARTNERS WITH IMAGINARY ONES TO LAUNCH EXCLUSIVE NFT COLLECTION (sorry, not sure why Hugo Boss is yelling at us)

Immutable Partners with NFT.NYC in Major Multi-Year Sponsorship

Victims of Crypto and NFT Fraud Can Take Theft Loss Deductions

Dapper Labs Sets Launch Date for LaLiga Golazos NFT Marketplace

Apparel, luxury goods industry has most brands launching NFTs

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