NFT Weekly Sales Plummet Amid Trump’s Tariff War Fears

The global non-fungible token market has tanked again in trading sales volume this past week. In the past seven days, the NFT market has raised a trading sales volume of $86 million, down 12% from the previous week. The NFT market has plummeted alongside the broader crypto market, with the flagship crypto, Bitcoin (BTC), falling below $90,000 and Ethereum (ETH) dropping below $2,000.

NFT Sales Tank +10% Amid Tariff Wars

The crypto community has linked the general crypto market turbulence with the ongoing tariff wars around the globe. Earlier this month, President Donald Trump announced a blanket tariff on all goods entering the United States. He also added new duties on goods from 185 countries, which the president described as the “worst offenders” in terms of perceived unfairness in trade. The new tariff, slated to kick in on April 9, has fueled shockwaves through global stock markets.

Trump was supposed to be great for crypto traders,instead bitcoin is under 80k and the crypto market is down hundreds of billions because of Trump’s tariffs. Stocks are now trading at or lower than 2023 prices when rate hikes began.

pic.twitter.com/F3oJkkTXWZ

— Joey Palimeno (@PalimenoForGAD1) April 7, 2025

Data fetched by cryptoslam.io, a crypto market data aggregator and a non-fungible token market explorer, shows that the non-fungible token market has plunged in trading sales volume this past week. From March 31 to April 7, 2025, the NFT market has amassed a trading sales volume of $86 million, down 12% from the previous week. The global NFT market recorded a trading sales volume of $97 million last week.

NFT sales volume

Ethereum, the blockchain network renowned in the NFT market for powering most of the top NFTs, was this past week’s most-traded blockchain network in the NFT market. In the past seven days, the Ethereum-based NFT collections have amassed a trading sales volume of $31 million. During this period, the Ethereum NFT trading sales volume surged by 11% from the previous week.

NFT sales by chains in the past 7 days

Source: cryptoslam

Polygon, an Ethereum scaling solution blockchain network, was this past week’s second most-traded network in the NFT market. The Polygon-based non-fungible token collections have amassed a trading sales volume of $17 million in the past seven days. During this period, the Polygon NFT trading sales volume has surged by 3.78% from the past week. Polygon has resurfaced after tanking in trading sales volume for several weeks.

Mythos Chain, the blockchain network ensuring secure and efficient transactions in the Mythos gaming ecosystem, was this past week’s third most-traded blockchain network in the NFT market. From March 31 to April 6, the Mythos Chain-based NFT collections recorded a trading sales volume of $13 million. During this time, the Mythos Chain NFT trading sales volume has surged by 1.26% from the past week.

Top Selling NFTs In The Past 7 Days

1. Courtyard NFT Collection

Courtyard, a non-fungible token collection consisting of a limited set of 80,461 unique digital items living on the Polygon blockchain network, was this past week’s most-selling non-fungible token collection in the NFT market. From March 31 to April 6, the Courtyard NFT collection recorded a trading sales volume of $15 million. During this time, the Courtyard NFT trading sales volume surged 7.59% from the previous week.

2.DMarket NFT Collection

DMarket, a non-fungible token series representing in-game virtual items of popular NFT games like Counter-Strike and Rust, was this past week’s second most-selling NFT collection in the NFT market. From March 31 to April 6, the DMarket NFT collection raised a sales volume of $8.5 million. During this time, the DMarket NFT trading sales volume surged by 2.19% from the previous week.

Five top selling NFTs in the past 7 days

Source: cryptoslam

3.Fx-wsteth-position NFT Collection

Fx-wsteth-position, a non-fungible token series created on the Ethereum, the blockchain network renowned in the global NFT market for hosting most of blue-chip NFT collections, was this past week’s third most-selling NFT collection in the NFT market. From March 31 to April 6, the Fx-wsteth-position NFT collection amassed a trading sales volume of $5.8 million. During this time, the Fx-wsteth-position NFT sales volume surged 165% from the previous week.

4. DeFi Dungeons NFT Collection

Defi Dungeons, a non-fungible token collection from the DeFi Dungeons, a fantasy idle RPG powered by the Solana blockchain network, was this past week’s fourth top-selling NFT series in the NFT market. From March 31 to April 6, the DeFi Dungeons NFT collection raised a trading sales volume of $3.9 million. The Defi Dungeons NFT collection was minted earlier this month.

5. CryptoPunks NFT Collection

CryptoPunks, a non-fungible token collection that features a limited edition of 10,000 pixilated NFTs previously from the digital asset firm Larva Labs but now managed by Yuga Labs, was this past week’s fifth most-selling NFT collection in the NFT market. From March 31 to April 6, the Punks NFT collection recorded a trading sales volume of $3.6 million. The Punks NFT sales plunged 4.43%.