Ethereum (ETH) experienced a significant decline of 28%, and if it cannot maintain the $2,850 support level, it risks falling below $2,800. ETH bulls must protect this critical support to prevent further losses.
NFT sales have seen a significant decline of over 25% in the past week, totaling around $236.96 million. Bitcoin, on the other hand, has been dominating with a considerable $111.8 million contribution to the market.