Non-fungible tokens, or NFTs, have become a growing part of the digital economy. In 2021, the sale of NFTs exploded to $24.9 billion from just $94.9 million a year earlier. Cryptocurrencies like Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) are building out ecosystems of marketplaces to create, buy, and sell NFTs.
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Wedbush Securities Analyst Ygal Arounian joins Yahoo Finance Live to discuss Big Tech underperforming, the stock market falling as investors await this week's Fed policy-setting meeting, and the outlook for the digital advertising as Apple's privacy changes affect Snapchat, Facebook, and Pinterest.