đš BRC-20 tokens lose 600 million in market cap within four days
BRC-20 tokens' market cap plunges from $1 billion to $385 million â decline in Bitcoin fees per block plays a crucial role in this change.
đŽ On May 8, CryptoSlate reported that BRC-20 tokens hit a $1 billion market cap due to the soaring Bitcoin fees that miners were receiving.
đŽ Yesterday, CryptoSlate reported that inscriptions might have run their course, with the average fee paid per block down from six Bitcoin to one Bitcoin.
đŽ BRC-20 tokens now have around $385 million in market cap â which has seen a substantial market cap drop in the past few days
cryptoslate
