Analysis: NFT rally suggests traders are cycling out of Bitcoin and exploring other speculative plays in the crypto market

By: odaily.com|2025/07/21 08:11:32

Odaily News The total market value of NFTs has now exceeded $6.3 billion, almost doubling from $3.2 billion less than a month ago. At the same time, Bitcoins market share has fallen by 6.6% to around 61%. Market analysts believe that the return of NFTs provides a signal that traders are cyclically exiting Bitcoin and re-exploring speculation in the crypto market, which means that once Bitcoin consolidates and investors begin to shift capital to high-risk assets, altcoins tend to move more aggressively. (DL News)

A Whale Shorting a Basket of Altcoins Faces $12.48 Million Mark-to-Market Loss Ping An of China: Will continue to pay attention to changes in Hong Kongs stablecoin regulation and actively conduct research

What is Flare (FLR)? A Comprehensive Guide

Key Takeaways Flare (FLR) is a layer-1 blockchain designed to bring smart contract functionality to networks that don’t…

crypto insight|2025/08/20 14:10:17

What is Story (IP) Coin? A Comprehensive Guide

Key Takeaways Definition and Core Purpose: Story (IP) Coin, denoted as $STORY, is a digital token that powers…

crypto insight|2025/08/20 14:10:20

Top Crypto Exchanges in India: A Comprehensive Guide

As cryptocurrency continues to revolutionize the financial landscape, India emerges as a pivotal player with a rapidly growing…

crypto insight|2025/08/20 14:10:22

Exploring the Best Crypto Exchanges in Singapore

Choosing the right cryptocurrency exchange is critical for investors and traders, especially in dynamic markets like Singapore. Known…

crypto insight|2025/08/20 14:10:22

What is Pepe (PEPE)? A Comprehensive Guide

Key Takeaways Pepe (PEPE) is a deflationary memecoin inspired by the Pepe the Frog internet meme, launched on…

crypto insight|2025/08/20 14:10:23