Artprice's 2025 Contemporary Art Market Report indicates a 25% drop in global auction turnover, with Hong Kong's figures halving over the last decade. However, auction volumes reached unprecedented levels, fueled by increased sales of affordable art priced under $5,000 and a surge in online transactions. The report also notes significant trends, including the growing prominence of female artists, AI-generated art, and the use of cryptocurrencies, with 36% of database consultations now involving Bitcoin or Ethereum. Paris has overtaken London and New York as the leading art market in terms of transaction value.