BTC network GAS rises above $130

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According to the Followin news, data from gasnow.io shows that currently, the normal gas fee of the BTC network is about 1340 satoshis, about $130, and the extreme gas fee is 1901 satoshis, about $181. This means that the BTC network fee is very high. The increase in gas fees is related to the Runes. More data shows that about 9 blocks after the Bitcoin halving, Runes miners have paid 78.6 BTC (about $4.95 million) in fees. In addition, due to the increase in gas, assuming that the cost of playing a rune is $200 and selling it is another $200, the rune needs to be worth $400 to recover the cost.

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