Bitcoin's 4th halving completed! Block reward drops to 3.125 BTC, currency price fluctuates at US$64,000

This site (120bTC.coM): At 8:09 this morning, Bitcoin successfully completed its fourth halving at block height 840000! According to information from the Bitcoin block explorer mempool, the block reward of the Bitcoin network was halved from 6.25 BTC to 3.125 BTC, and the first 3.125 BTC block was mined by the mining pool ViaBTC.

It is worth noting that the block handling fee is as high as 37.626 BTC, worth approximately US$2,402,358. The highest handling fee is 3,604,819sat/vB, setting a historical record. The total reward for this block is 40.751 BTC, worth approximately $2,601,886.

The Bitcoin network high-priority fee exceeds $185/vB

The surge in handling fees is estimated to be the Rune Protocol launched at the same time as the Bitcoin halving (Runes) related. Ordinls developer and Runestone founder Leonidas said that the rune meme currency DOG•GO•TO•THE•MOON that will be airdropped to Runestone was etched in a transaction of 1,258,757sat/vB.

In addition, mempool data shows that the current transaction fee of the Bitcoin network is 20Sat ($1.96)/vB for no priority, 1,396Sat ($124.07)/vB for low priority, and 1,396Sat ($124.07)/vB for medium priority. The cost is 1,787Sat ($158.82)/vB, with high-priority fees as high as 2,084Sat ($185.21)/vB.

Bitcoin fluctuates around $64,000

At the moment when Bitcoin completes the halving, the price of Bitcoin is around $63,900, currently around 6.3 The price fluctuated between US$10,000 and US$64,000, and was reported at US$63,228.01 at the time of writing, up 1.15% in the past 24 hours.

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