Bitcoin ordinals, which are akin to non-fungible tokens (NFTs) on the Bitcoin network, are suffering as the leading collections trend down to their lowest prices in nearly a year. Some of the leading collections, such as Bitcoin Puppets and NodeMonkes, are both down to .068 BTC, or around $7,000 at current prices, after topping out as high as .47 and .9 BTC in April 2024. These are the lowest floor prices for both collections since February 2024, right before Ordinals exploded. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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