Token

Bitcoin

Bitcoin had a stable start this week, trading above $65,800. Transaction fees have dropped significantly since the halving. Medium-priority transactions are now costing $8.48, while high-priority transactions cost $9.32. 
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Following the halving, transaction fees skyrocketed to more than $146 for a medium-priority transaction and soared to $170 for a high-priority transaction. 
After the halving, miners worried about making less money. But there’s new hope: Casey Rodarmor’s Runes protocol, <a href="https://www.cryptotimes.io/2024/04/20/bitcoins-runes-protocol-hype-or-reality-after-halving/" target="_blank" rel="noreferrer noopener" data-wpel-link="internal">launched at the halving</a>. It allows making fungible tokens on Bitcoin to bring more activity and money to Bitcoin. 
However, the <a href="https://data.hashrateindex.com/chart/bitcoin-hashprice-index" target="_blank" rel="noreferrer noopener" data-wpel-link="external">hash price index</a>, which shows how much miners can earn, dropped from $182.98 to $81. So, it’s still uncertain how things will go for miners despite the new protocol. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/04/18/bitcoin-ord-io-secures-2m-investment-for-runes-token-launch/" target="_blank" rel="noreferrer noopener" data-wpel-link="internal">Bitcoin Ord.io Secures $2M Investment for Runes Token Launch</a> 
</blockquote>

Bitcoin Transaction Fees Plummet Post-Halving Record Highs

The Crypto Times

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