Christie's closes digital art division, NFT market transaction volume drops 45%

According to PANews, Christie's has closed its digital art department, terminated the NFT art sales pilot, and the relevant person in charge left, and only expert Sebastian Sanchez stayed in New York. Data shows that the transaction volume of the NFT market fell by 45% month-on-month to US$867 million in the previous quarter, and the floor price of mainstream NFT projects fell sharply, while Ethereum rose by 76% during the same period.