# Fractional NFT

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Financial markets have seen turmoil recently as a result of the prospect of double-digit inflation in several industrialized nations and the slowing post-Covid economic recovery. Since the beginning of the year, the S\&P 500 has decreased by 23%, while the more heavily weighted NASDAQ index has decreased by 32%. Even the cryptocurrency sector has recently failed to offer investors a haven, as Bitcoin values have fallen 67% from over $61,000 in October 2021 to under $20,000 right now. The whole crypto market has fallen from its peak of $3.2 trillion in November 2021 to less than $1 trillion, according to research published last week by The Economist.

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