Friday night, at block 840000, the block subsidy dropped from 6.25 to 3.125. This planned change provided a complicated period for miners and a medium-term bull catalyst for BTC. 🚀

The launch and speculation of a new protocol, Runes, led to a hyperbolic increase in transaction fees over the next 24 hours.

On-chain transaction fees, exceeding $128 on average, have reached their highest value in history.#cryptonews#blockchain