Crypto and NFT Market Update – May 16th

Welcome to The Daily Forkast, May 16, 2023, presented by Megha Chaddah for the latest in the crypto markets.

Bitcoin and other cryptocurrencies return to sideways trading apart from Litecoin, which has continued its bull run in the last 24 hours.

In the NFT markets, a Bored Ape Yacht Club NFT sold for US$1 million overnight, pulling up numbers in the Ethereum chain.