July 4 (Cointime) - Despite the recovery of crypto markets, nonfungible tokens (NFTs) have not seen the same level of rebound. The Bored Ape Yacht Club collection, one of the industry's largest, has experienced a 90% drop from its all-time high. The floor prices for Ape-themed NFTs have also fallen by 23% over the past week, with the collection's floor price now at its lowest in over a year.

However, BAYC remains one of the most popular collections to be traded, with a reported 30-day trade volume of $48.8 million. Other NFT collections, such as Azuki, have also seen significant floor price declines. Meanwhile, cryptocurrency markets remain buoyant, with BTC and ETH holding on to gains made in June.