The Ethereum floor price of the Bored Ape Yacht Club (BAYC) NFT collection has fallen to its lowest level since the beginning of the year. This is because the NFT market is still falling, and the crypto market as a whole is also falling.
The floor price of Bored Ape Yacht Club NFTs has dropped to 65.68 ETH, which is a level that hasn’t been seen since January 2, 2022. Data from CoinGecko shows that it has been going down since May 1, when it hit an all-time high of 153.7 ETH.
