Bitcoin NFT Market Update - 27 Aug 2025 * Of the 15 top ranked NFTs by MCap, based on March 2025 prices, the median floor price has declined by 45.9% in Bitcoin terms * Since each individual NFT's peak price in Bitcoin terms, the median price decline is 93.3% * It turns out investing in Bitcoin NFTs, such as images of cats and monkeys, which many regard as onchain spam, might not have been the best long term investment * It looks like the spam may be on the way to being defeated by pure economics, rather than technical changes to Bitcoin Core's software or "signals" from the Core development team * Luckily the engineers who build and maintain Bitcoin Core, were not too distracted in a pointless battle against these silly images(BitMEX Research)