Cryptocurrency and the Art Market

As people run out of stimulus money, interest rates rise, crypto is dead. What hasn't performed as well as it did in the last two years is the ultra-contemporary segment at auction. A lot of collectors realized that there is no point in spending $2 million in someone who's 35 and has had a career of five years. Buy at galleries because you don't want to pay the premium of 25% that the auction houses are going to charge you.