Bitcoin and NFT Relationship: Exploring the Connection
Bitcoin and NFTs have a growing relationship in the digital asset space. While Bitcoin is primarily known as a cryptocurrency for transactions and store of value, NFTs or non-fungible tokens represent unique digital items like art and collectibles. The connection between Bitcoin and NFTs often involves using Bitcoin blockchain for NFT creation or trading, though most NFTs are built on other blockchains like Ethereum. This relationship highlights how Bitcoin\“s technology can influence the broader NFT market, offering new opportunities for investors and creators.
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