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NFT prices take a gut punch as the crypto bear market deepens -Breaking

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As the crypto bear market gets more intense, NFT prices are hit hard.

Crypto has the ability to humble even the most confident person, and it is certainly not for the weak of heart. NFT investors are now investing in what may appear to be an a Bear marketRecent chaos also has an effect on community morale

NFT prices declined as the United States Federal Reserve increased interest rates. Terra’s LunaUST-based platforms crashed, and traders had to accept that this sector might be in a bearish market.

MAYC 30 day floor price Source: NFTPriceFloor
The Otherdeed 7 day market cap. and volume. Source: NFTGo
Azuki 7 Day Transaction and Liquidity Source: NFTGo
BEANZ 7 day floor price Source: NFTPriceFloor