Ethereum price tumbles, but NFT museums and creator royalties are creeping back into the story
Ether dropped about 3% to $1,946 in early New York trading Wednesday, tracking a similar slide in bitcoin, which fell near $66,828. Large bitcoin holders bought 53,000 coins over the past week, according to Glassnode, but broader participation stayed weak. ETF outflows continued for both tokens. Ethereum supporters pointed to museum NFT pilots and creator payouts as potential sources of demand.