Introduction
Bitcoin is the most popular crypto. People trust it alot. But many don’t know that bitcoin also effect NFTs. It’s not just a digital coin. It’s like, a big signal for the whole Web3 market. When Bitcoin moves, NFTs feel it too.
In this blog, we talk about:
- Easy tips for new NFT peoples
- Bitcoin and NFT connection
- Why price of Bitcoin matter to NFT guys
- What happens when Bitcoin goes up or down
What is Bitcoin?
Bitcoin is first crypto coin ever made. It started back in 2009 by someone (we still don’t know who really).
People use it for online money. It has no bank behind it. It’s fully open and work on blockchain.
Now millions of people see Bitcoin price every day. And when Bitcoin go high or down, NFT markets also react to that.
What Are NFTs?
NFTs means Non-Fungible Token.
In simple words, it’s a digital thing that you can collect or sell. Every NFT is diffrent. Some are art. Some are music. Some are games. Even tweets became NFT once lol.
You can find them on sites like OpenSea or Blur. You need a wallet for that, like MetaMask or Phantom.
Bitcoin and NFTs: What’s the Link?
It’s simple:
- If Bitcoin go up NFTs go up too.
- If Bitcoin fall NFTs also crash.
So in other words, Bitcoin show us what may come next in NFTs.
People call it the king of crypto. And kings have power everywhere.
If Bitcoin is healthy, NFT market become active. If it’s sick, then NFTs also feel sick.
2021: A Year of Boom
In early 2021, Bitcoin touch $40,000 for first time. Everybody started talking. News was full of it.
Same time, NFTs exploded!
- Beeple sold NFT art for $69M (crazy huh?)
- BAYC launched (the monkey PFPs)
- Art Blocks and others got big
By the end of year, Bitcoin hit $64k. NFT sales were flying high. A lot of people made big money.
And this all start with one thing: Bitcoin rising.
2022: Big Fall
But it didn’t last long.
In 2022, Bitcoin dropped hard. It went under $20k. People freaked out. They start selling NFTs quick.
NFT market crash.
Reports say that NFT sales volume dropped over 75% in just 6 months. That’s huge.
All this started from one place: Bitcoin.
Why Bitcoin Affects NFTs?
Here is why:
- People trust Bitcoin – When it goes well, they invest more in crypto and NFTs.
- Money follows Bitcoin – If BTC go high, more money comes into NFTs too.
- Feelings matter – People follow emotions. If BTC fall, they get scared and sell NFTs too.
It’s like domino effect. One fall, everything start falling.
How NFT Buyers Use Bitcoin Signals
Smart NFT buyers don’t just look at NFTs. They watch Bitcoin first.
They ask:
- Is Bitcoin stable today?
- Is it green or red?
- Is it pumping or dumping?
If Bitcoin green, they buy NFTs.
If it’s going down fast, they wait or sell.
Some call Bitcoin the sun. If it shine, NFT garden grows. If not, then NFT plants die.
Project Creators Watch Bitcoin Also
Builders and NFT teams also see Bitcoin before doing launch.
If Bitcoin crashing, they delay their plans.
If BTC is rising, they announce fast and mint early.
Why? Because people are more active and excited when Bitcoin is doing good. It’s all about timing, bro.
Floor Prices Go Up and Down With Bitcoin
Floor price is the lowest price of NFT in a collection.
Some days it’s high. Some days it crash.
People ask, “Why? Is project bad?”
No. Sometime it’s just Bitcoin going down.
So, always check big picture. Not just NFT itself.
Some Useful Tools
If you want to see what’s going on, here are tools I like:
- CoinGecko – Price checker
- TradingView – For charts (not hard to use)
- Fear & Greed Index – To see how people feel
- Twitter/X – Follow NFT news and updates
Don’t need to be expert. Just check basic stuff.
Easy Strategy for Newbies
If you’re new, don’t worry. Just follow this:
- Always check Bitcoin first
- If it’s green or stable, NFTs are more safe
- If Bitcoin falling, maybe stop for a bit
- Don’t jump in just because friends say
- Take your time. Learn slow. Be smart
NFTs can be fun but risky too.
Conclusion
Bitcoin is more than just a coin. It’s a big signal.
NFTs follow Bitcoin a lot. If BTC goes up, NFTs grow. If BTC crash, NFTs drop too.
So always watch Bitcoin chart. That’s where the story begin.
Bitcoin is the signal for NFT future.
