The market for Bitcoin’s unique ordinal inscriptions is heating up again after a relatively quiet summer. Recent high-dollar sales, surging trading volumes, and new exchange listings signal a resurgence for these distinctive digital collectibles.
Keypoints
- Bitcoin inscription number 76 recently sold for 1.7 BTC (~$60,000) through Rare BTC, showing continued interest and value in Bitcoin’s “ordinal” inscriptions. This follows their previous sale of inscription 20 for 3 BTC.
- Bitcoin ordinal trading volume has risen to over $10 million again across exchanges like OKX and Unisat. This level was last seen in May/June during the initial NFT craze.
- The ORDI token associated with Bitcoin ordinals surged 40% in price and saw a 480% spike in trading volume after being listed on Binance. It reached a price over $13 with $600 million in daily volume.
- There are signs of a possible NFT market resurgence, with trading volumes…