Bitcoin NFT Trading Sales Volume Jumps 26% Today After Bitcoin Halving

Trading sales volume for the collection of bitcoin-based non-fungible tokens has increased sharply following today's successful bitcoin halving event, among other factors. According to CryptoSlam.io, an on-chain market data aggregator, the trading volume of bitcoin-based nfts has increased to $21 million, representing a 26% increase from the previous day.

<img decoding="async" class="alignnone wp-image-509529" alt="bitcoin nft Sales” width=”843″ height=”242″ srcset=”https://technicalterrence.com/wp-content/uploads/2024/04/Bitcoin-NFT-Trading-Sales-Volume-Jumps-26-Today-After-Bitcoin”https://technicalterrence.com/crypto/bitcoin/”>bitcoin–nft-sales-300×86.png 300w, https://technicalterrence.com/wp-content/uploads/2024/04/Bitcoin-NFT-Trading-Sales-Volume-Jumps-26-Today-After-Bitcoin”https://technicalterrence.com/crypto/bitcoin/”>bitcoin–nft-sales.png 633w” data-lazy-sizes=”(max-width: 843px) 100vw, 843px” src=”https://technicalterrence.com/wp-content/uploads/2024/04/Bitcoin-NFT-Trading-Sales-Volume-Jumps-26-Today-After-Bitcoin”https://technicalterrence.com/crypto/bitcoin/”>bitcoin–nft-sales-300×86.png”/>bitcoin–nft-sales-300×86.png” alt=”bitcoin nft Sales” width=”843″ height=”242″ srcset=”https://technicalterrence.com/wp-content/uploads/2024/04/Bitcoin-NFT-Trading-Sales-Volume-Jumps-26-Today-After-Bitcoin”https://technicalterrence.com/crypto/bitcoin/”>bitcoin–nft-sales-300×86.png 300w, https://technicalterrence.com/wp-content/uploads/2024/04/Bitcoin-NFT-Trading-Sales-Volume-Jumps-26-Today-After-Bitcoin”https://technicalterrence.com/crypto/bitcoin/”>bitcoin–nft-sales.png 633w” sizes=”(max-width: 843px) 100vw, 843px”/>

bitcoin Halving in 2024 Now Complete

Earlier this morning, bitcoin successfully completed its fourth halving event after publishing its 840,000th block, the point at which mining rewards are halved once again. Starting today, bitcoin miners will receive 3.125 btc per block mined, up from 6.25 btc previously.

The highly anticipated event had the crypto and nft community eagerly awaiting what's next for the price of bitcoin, with some predictions reaching as high as $250,000. Since the cryptocurrency and nft markets have a mother-to-son relationship, the nft market is also expected to rise after halving.

The last three bitcoin halvings occurred in 2012, 2016, and 2020. Following the successful bitcoin halving, the non-fungible token market has reacted slightly, with many bitcoin-based nfts showing green candles. Below we have listed some of the best-selling bitcoin nft collections.

Today's best-selling nft collections

$WZRD, a non-fungible token created on the bitcoin network using the BRC-20 protocol, is the best-selling nft collection today. In the last 24 hours, the $WZRD BRC-20 nft collection recorded a trading volume of $6.9 million, representing a 145% increase from the previous day.

<img decoding="async" class="alignnone wp-image-509527" alt="Best Selling nfts” width=”842″ height=”334″ srcset=”https://technicalterrence.com/wp-content/uploads/2024/04/1713622058_379_Bitcoin-NFT-Trading-Sales-Volume-Jumps-26-Today-After-Bitcoin”https://technicalterrence.com/crypto/nft/”>nfts-300×119.png 300w, https://technicalterrence.com/wp-content/uploads/2024/04/1713622058_379_Bitcoin-NFT-Trading-Sales-Volume-Jumps-26-Today-After-Bitcoin”https://technicalterrence.com/crypto/nft/”>nfts.png 667w” data-lazy-sizes=”(max-width: 842px) 100vw, 842px” src=”https://technicalterrence.com/wp-content/uploads/2024/04/1713622058_379_Bitcoin-NFT-Trading-Sales-Volume-Jumps-26-Today-After-Bitcoin”https://technicalterrence.com/crypto/nft/”>nfts-300×119.png”/>nfts-300×119.png” alt=”Best Selling nfts” width=”842″ height=”334″ srcset=”https://technicalterrence.com/wp-content/uploads/2024/04/1713622058_379_Bitcoin-NFT-Trading-Sales-Volume-Jumps-26-Today-After-Bitcoin”https://technicalterrence.com/crypto/nft/”>nfts-300×119.png 300w, https://technicalterrence.com/wp-content/uploads/2024/04/1713622058_379_Bitcoin-NFT-Trading-Sales-Volume-Jumps-26-Today-After-Bitcoin”https://technicalterrence.com/crypto/nft/”>nfts.png 667w” sizes=”(max-width: 842px) 100vw, 842px”/>

Fountain: cryptoslam.ioBest selling nfts in the last 24 hours.

bitcoin Ordinals, a collection of non-fungible tokens comprising a variety of digital assets such as Runestones, is the second best-selling nft collection today. In the last 24 hours, the bitcoin Ordinal collection has accumulated a trading volume of $5.4 million.

bitcoin Wizards, another nft collection created on the bitcoin blockchain network, is the third best-selling nft collection today. In the last 24 hours, the bitcoin Wizards nft collection recorded a trading volume of $2.6 million, representing a 427% increase from the previous day.

Lastly, $PUPS, a non-fungible token collection created on the bitcoin blockchain network using the BRC-20 protocol, is the fourth best-selling nft collection today. In the last 24 hours, the $PUPS BRC-20 nft collection has attracted a trading volume of $1.8 million.

nft related news:

Smog (SMOG) – Meme Coin with Rewards

• First Airdrop Season Available Now
• Earn XP to qualify for a share of $1 million
• Featured on Cointelegraph
• Staking Rewards: 42% APY
• 10% discount on free sale – smogtoken.com