{"id":21524,"date":"2026-02-07T05:41:20","date_gmt":"2026-02-07T05:41:20","guid":{"rendered":"https:\/\/bitunikey.com\/news\/nft-sales-plunge-20-to-58-3-million-as-bitcoin-price-struggles-at-70000\/"},"modified":"2026-02-07T05:41:35","modified_gmt":"2026-02-07T05:41:35","slug":"nft-sales-plunge-20-to-58-3-million-as-bitcoin-price-struggles-at-70000","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/nft-sales-plunge-20-to-58-3-million-as-bitcoin-price-struggles-at-70000\/","title":{"rendered":"NFT sales plunge 20% to $58.3 million as Bitcoin price struggles at $70,000"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">The NFT market recorded $58.34 million in sales volume over the past week, falling 20.34% from the previous period.<\/p>\n<div id=\"cn-block-summary-block_56657191ba6015828a646ffee549167f\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>NFT sales hit $58.34M, down 20%, despite buyers and sellers both rising over 20%.<\/li>\n<li>Ethereum led with $34.9M in sales, while Bitcoin NFT volume fell 33% week-over-week.<\/li>\n<li>CryptoPunks rebounded sharply, surging 147% and dominating high-value NFT sales.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>NFT buyers climbed 21.97% to 296,018, while sellers jumped 24.63% to 270,495. Transaction volume decreased 4.33% to 660,674.<\/p>\n<p>The overall crypto market has taken a notable hit as Bitcoin (BTC) has dropped to the $70,000 level, while Ethereum (ETH) hovers around $2,000.<\/p>\n<p>The global crypto market cap now stands at $2.41 trillion, down from last week\u2019s $2.83 trillion. This market downturn continues to pressure the NFT sector, with weekly sales volume falling for the second consecutive week.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Ethereum leads with $34.9 million despite decline<\/h2>\n<p>Ethereum continued to dominate all blockchains with $34.97 million in NFT sales, dropping 23.63% over the seven-day period.<\/p>\n<p>The network drew 33,663 buyers, up 20.44% from the prior week. Wash trading on Ethereum totaled $2.91 million during this timeframe.<\/p>\n<p>Bitcoin secured second place among blockchains with $4.66 million in sales, falling 32.81% week-over-week. The network attracted 12,770 buyers, up 17.10% despite the sales decline.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Source: Blockchains by NFT Sales Volume (<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.cryptoslam.io\/\" target=\"_blank\" rel=\"nofollow\">CryptoSlam<\/a>)<\/figcaption><\/figure>\n<p>Base claimed third position at $4.14 million in sales, climbing 8.46% and drawing 83,552 buyers who rose 6.09%.<\/p>\n<p>BNB Chain (BNB) ranked fourth with $3.93 million in sales, declining 20.62% while seeing 39,715 buyers who increased by 21.37%.<\/p>\n<p>Solana (SOL) rounded out the top five with $2.61 million in sales, posting a modest 1.14% gain and drawing 80,610 buyers who surged 56.69% from last week.<\/p>\n<p>Immutable (IMX) dropped to sixth position at $2.34 million, down 29.10%.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Flying Tulip PUT retains lead, CryptoPunks surge<\/h2>\n<p>Flying Tulip PUT on Ethereum maintained its dominance in the collection rankings with $11.41 million in sales, plummeting 49.06% from last week\u2019s performance. The collection processed 530 transactions from 259 buyers.<\/p>\n<p>CryptoPunks on Ethereum claimed second place with $4.71 million in sales, surging 146.56% over the week after last week\u2019s 52.35% decline.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1684\" height=\"1070\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2026\/02\/1770442880_460_NFT-sales-plunge-20-to-583-million-as-Bitcoin-price.webp.webp\" alt=\"NFT sales plunge 20% to $58.3 million as Bitcoin price struggles at $70,000 - 1\" class=\"wp-image-14448777\"><figcaption class=\"wp-element-caption\">Source: Collections by NFT Sales Volume <\/figcaption><\/figure>\n<p>The blue-chip collection completed 69 transactions from 44 buyers, with both metrics more than doubling week-over-week.<\/p>\n<p>A Base collection took third position with $2.11 million in sales, climbing 15.82%. Pudgy Penguins posted $2.09 million in sales, down 6.96%, while Bored Ape Yacht Club recorded $1.90 million with a 59.79% surge.<\/p>\n<p>TokenVestingPlans on Ethereum landed in sixth with $1.65 million, climbing 67.85%, while Guild of Guardians Heroes rounded out the top seven with $1.50 million, down 22.82%.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">CryptoPunks dominate high-value NFT sales<\/h2>\n<p>CryptoPunks dominated the week\u2019s highest-value sales, claiming three of the top five spots. <\/p>\n<ul class=\"wp-block-list\">\n<li>CryptoPunks #5402 led with $265,585 (113.5 ETH) four days ago.<\/li>\n<li>CryptoPunks #9170 at $139,761 (72 ETH) just 14 hours ago.<\/li>\n<li>Wrapped Ether Rock #98 sold for $109,128 (109,127.7422 USDC) seven days ago.<\/li>\n<li>Autoglyphs #256 fetched $105,512 (50 ETH) two days ago.<\/li>\n<li>CryptoPunks #1112 rounded out the top five at $92,850 (48.48 ETH) one day ago.<\/li>\n<\/ul><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The NFT market recorded $58.34 million in sales volume over the past week, falling 20.34% from the previous period. Summary NFT sales hit $58.34M, down 20%, despite buyers and sellers&hellip;<\/p>\n","protected":false},"author":1,"featured_media":772,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21524","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=21524"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21524\/revisions"}],"predecessor-version":[{"id":21525,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21524\/revisions\/21525"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/772"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=21524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=21524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=21524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}