i have been watching closely the crypto market and I wanted to ask if the bull market that affects crypto also affects THE NFT markets. most NFT Markets that I know have a close groups or secret groups where they instruct their owners and creators to increase the price of their NFTs. i have never seen where such is been done and I don't think that is how the crypto space works.
What determines the price of NFTS?
depending on the coin. but mostly all altcoins will have an impact on the bull market in BTC or ETH. Even though it actually has nothing to do with their project or the coin. but if I see after bitcoin has gone up and down several times, these coins follow and tend to have the same trend.