šŸ“ŒPost-BTC Halving Market Update Summary

šŸ”„ Following the successful $BTC Halving, RUNES just hit the scene, and the hypest one right now is #SATOSHIā€¢NAKAMOTO, with gas minting after Halving reaching nearly $1k per transaction. The RUNE price just got CUT IN HALF, like, šŸ¤”!

šŸ”„ The total Runes Marketcap: $436M USD.

šŸ”„ 2 #RUNES have hit the CEX exchanges: SATOSHIā€¢NAKAMOTO & MEMEā€¢ECONOMICS, racking up a total trading volume of $41M. That's less than half of what #Ordinals pulled in when they first hit CEX.

šŸš€ Transaction fees on the Bitcoin network have reached $80.742M USD (as of April 20), accounting for 90.54% of the total fees among the top 5 blockchains and consistently observing high fee rates.

ā˜  The reasons may include:

- Users are minting rare satoshi coins after the Halving event.

- Token #Runes launching.

- Check $BTC network fees: https://privacypros.io/tools/bitcoin-fee-estimator/

šŸ§©Regarding the #Bitcoin scene:

- Epic satoshi, RUNES PROTOCOL, and other narratives are causing a real FOMO frenzy.

- We've got Bitcoin ETFs, Bitcoin Ordinals, Inscriptions, BRC20, Bitcoin Runes, Bitcoin L2s... you name it!

šŸ’°Price Movement in the last 24H:

- BTC closed the weekly candle at $64.9k after dipping to $59.6k last Friday.

- BTC sideways trading within the $64k range, likely to continue sideways movement before testing upwards towards $67k - $68k.

- Some BTC.D selling off, funds flowing into Altcoins but not significantly strong.

- Over $36M deposited into exchanges in the past 24H.

šŸ˜³ After the halving, Bitcoin whales bought $1.2B worth of #BTC when the price dropped below $60k.

šŸ‘‰ https://x.com/intotheblock/status/1781263617528045852

Still got 1387 days until the 5th halving, you better believe we're in for a wild ride! šŸ˜ŽšŸš€