ORDI: What effects did Runes' release and Bitcoin's halving have on this altcoin?

According to CoinMarketCap, the cryptocurrency token ORDI, which is closely related to the Bitcoin Ordinals protocol, has experienced a double-digit price increase within the past day. The Runes Protocol debut and the conclusion of Bitcoin's fourth halving event on April 20 early trading hours coincided with the token's price increase.

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