📌Post-BTC Halving Market Update Summary
🔥 Following the successful $BTC Halving, RUNES just hit the scene, and the hypest one right now is #SATOSHI•NAKAMOTO, with gas minting after Halving reaching nearly $1k per transaction. The RUNE price just got CUT IN HALF, like, 🤡!
🔥 The total Runes Marketcap: $436M USD.
🔥 2 #RUNES have hit the CEX exchanges: SATOSHI•NAKAMOTO & MEME•ECONOMICS, racking up a total trading volume of $41M. That's less than half of what #Ordinals pulled in when they first hit CEX.
🚀 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.
☠ 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/
🧩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!
💰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.
😳 After the halving, Bitcoin whales bought $1.2B worth of #BTC when the price dropped below $60k.
👉 https://x.com/intotheblock/status/1781263617528045852
Still got 1387 days until the 5th halving, you better believe we're in for a wild ride! 😎🚀
