Surge in Bitcoin fees short-lived as Runes transactions dip

James Van Straten

Quick Take The Bitcoin halving on April 20 catalyzed a surge in miner fees, largely due to the highly anticipated introduction of Runes. Initially, Runes dominated transaction volumes, reaching over 750,000 transactions, approximately 73% of the total transactions on April 23. However, according to Dune Analytics data, subsequent days witnessed a gradual decline in transaction […]

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Surge in Bitcoin fees short-lived as Runes transactions dip