Bitcoin Overtakes Ethereum in NFT Sales For the First Time

November 9th, 2023
In an unexpected twist in the NFT marketplace, Bitcoin has surged past Ethereum, claiming the top spot in trading volume with a dazzling $17 million in sales within a single day—a 19% spike inspired by pop culture nods and emerging collections. The BRC-20 standard, known for its meme coin flair, is leading the charge with collections like $SATS and $RATS outperforming even the stalwart Bored Ape Yacht Club. This comes as the Ordinals community shows the fruits of its labor, with Bitcoin’s NFT sales in early November skyrocketing to $59 million.
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