NFTs are holding up better than cryptocurrencies amid the market turmoil, according to this AI-driven blockchain firm – An expert explains why

• Parts of the NFT market have shown more resilience and different investor behaviour than cryptocurrencies. 
• Louisa Chloe, an analyst at blockchain analysis company Nansen, spoke to Insider to explain some of the difference.
• She revealed two subsectors of the NFT market that are showing more strength right now.

The crypto sell-off of recent weeks has been brutal and many investors will have seen big dents to their portfolios.

No asset goes up in a straight line forever, particularly not at the speed seen since the pandemic crash in 2020. Steep drawdowns are a feature of crypto markets, just as massive gains are. 

While most things are down from their highs by a lot, there is great variation in the magnitude of falls between assets and sectors of the crypto market.