While NFT market activity has at times appeared to be uncoupled from crypto prices—particularly when NFTs have surged as the crypto market declined—that’s not the case right now. With crypto prices in the red nearly across the board this week, the prices for top NFT collections are likewise falling fast. Buying an entry-level Bored Ape today costs 55% less than a mere 10 days ago.
Source: Bored Ape Yacht Club, Other Ethereum NFT Prices Plummet as Crypto Market Crashes – Decrypt