Bloomberg: Short-term traders have bet a lot on NFTs, not to mention major cryptocurrencies.

On September 3, Bloomberg published an article highlighting the popularity of the NFT market, claiming that a short-term trader and speculators are betting heavily on NFTs, with cryptocurrencies and memetic stocks not being included. “Some traders have switched to NFTs,” said Martha Reyes, director of research at crypto broker Bequant. It also increases the exchange rate of the Ethereum network. The average price of oil supporting the NFT industry was the highest since the end of May. Ethereum digital token trading is also getting more and more expensive. "As the NFT plays a key role in the ecosystem, oil prices have reached levels that restrict many retailers," Luke Posey, analyst at Glassnode, said Wednesday in a statement. (Bloomberg)