NFTs hit the brakes: Market cap tanks 46% in just 30 days

Market Intelligence Analysis

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Why This Matters

The NFT market is experiencing a significant downturn, with its market capitalization decreasing by 46% in the past month. Leading NFT collections such as Bored Ape Yacht Club (BAYC) and CryptoPunks are also facing valuation declines, signaling a broad market correction.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%

Article Context

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CoinGecko data shows the NFT market value has nearly halved in a month, with even top collections like BAYC and CryptoPunks losing ground.

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Original article published by Unknown on November 5, 2025.
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