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Bitcoin and Ethereum both take a breather, each up 2% to $19.1k and $1350 respectively. Both volumes look in line with recent moving averages, with $33B and $14B trading. US 10-year yield rises to 3.50% for the first time since 2011, as the yield curve goes full YOLO into extreme inversion — 5 to 30-year yield curve is inverted 20bps, the most since 2000.
NFT volumes stay relatively flat at $15M, with EVM-NFTs at $10M and Solana-NFTs at $2.6M. BAYC sees a nice bump up with $1.7M in volumes, a 61% pick up vs. yesterday. Azuki prints $1M as interest continues from yesterday, and Gods Unchained Immutable (ImmutableX project) had a strong $1.2M in volume. NFL All Day and Sorare keep in the top 5 as expected. ENS has announced a unique id name service just for Coinbase called ‘cb.id’ — secondary volumes were $750k on the day for ENS.
Check out our Dune dashboard for details → https://dune.com/lhagiimn/cyan-market-dashboard
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NFT headlines:
PGA Tour Links With Autograph for Multi-Year NFT Platform Partnership
Nifty News: The Sandbox hosts its first wedding, Hollywood actor auctions NFT of eye and more
Is collecting and trading enough for postal NFT stamp owners?
Two States Start Taxing NFTs (Smithsonian Magazine?!)
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