Global #Runes Protocol

Bitcoin miners are beginning to experience pressure as they adjust to halved rewards following the halving event. While there was a temporary relief due to a surge in network fees, the subsequent decrease in transaction fees is now exacerbating their financial challenges.

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.