Are the Pieces Falling into Place in Bitcoin: There is a Recovery in Price!

While the Bitcoin price started to rise after the halving, improvements began to be seen in transaction fees.

Before the halving in Bitcoin, transaction fees increased tremendously. While there was a decrease in transaction fees after the halving In parallel with this, the price increase started.

Current medium priority transaction fees in Bitcoin, according to Mempool.space data At $9.47 levels, high priority transaction fees around $10.4 is available. Transaction fees in question over $170 was out. Decreasing transaction fees in Bitcoin after halving the stones settle again is showing.

While Bitcoin miners predict that the halving will significantly reduce their income, there is a new trend on Bitcoin. The density created by the Runes protocol on the network led to an increase in revenues.

Bitcoin price is recovering

this month from the 12th Bitcoin, which has experienced a correction since 72 thousand dollarsfrom their sinks to $59,600 He had withdrawn as much. Although it later showed some signs of recovery, price increases remained weak.

Bitcoin, which closed last week in red, experienced 2% With the rise, it started to show hopeful movements again. According to CoinGecko data, Bitcoin, at the time of writing from $66,371 is being traded.

Are the Pieces Falling into Place in Bitcoin: There is a Recovery in Price! The article titled was prepared by Akın Akalın and published on koinbulteni.com.

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