According to BlockBeats, Messari released the Bitcoin Status Report for the first quarter of 2024. The price of BTC rose 69% month-on-month to $71,310, setting a new record high in April as the new halving cycle approached. The success of the spot BTC ETF is a driving factor in price movements, with inflows exceeding $12 billion in the first quarter. The spot BTC ETF currently holds 831,000 BTC, or $59 billion. The number of inscription transactions and fees fell 40% and 60% month-on-month. However, the daily sales of NFT trading platforms still exceeded $10 million. The halving in April will bring the release of the Runes token protocol and Epic sat. Miner revenue (in US dollars) increased by 34% month-on-month, and miners are exploring inscriptions and MEV as additional sources of income. Some miners have officially started selling blocks to meet the needs of Ordinals developers. The TVL of the programmable Bitcoin layer increased by 127% month-on-month. Dozens of new layers are being built to scale Bitcoin and increase its programmability, many of which are exploring BitVM-based bridging and state verification.