Bitcoin NFTs Cross $100 Million in Trading Volume on Magic Eden: Report

The NFT sector is seemingly making a mark in the Web3 arena again after it underwent a bit of a downturn last year. The Bitcoin NFTs on the Magic Eden marketplace have reportedly managed to reel in $100 million (roughly Rs. 829 crore) in monthly trading volume in February. Findings from fresh analysis have disclosed that NFTs based on the Bitcoin blockchain have been the reviving factor for digital collectibles. Bitcoin-based NFTs gained…