Ever since the conflict in Ukraine, the cryptocurrency market has remained volatile, and in the last seven days, it has shed nearly 7%.
Also, Bitcoin has been moving on a bearish consolidation due to several macroeconomic factors since April.
“Currently, a third of people in the UK hold crypto assets as regulatory and institutional bodies announced their decision to launch an NFT and regulate the sector.
Investments in crypto have been on the rise for several years and NFTs are all the rage, so the launch of new NFTs is hardly surprising.
“However, NFTs are not as novel as they used to be, and investors are also more cautious as more regulations emerge.
Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments.
They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group.