surge mastercard app - Bitcoin Transaction Fees Plummet After Brief Surge

BY | 2026-06-16 14:42:20 | 2 MIN READ

Bitcoin transaction fees experienced a dramatic fluctuation, soaring to $127.97 on April 20, 2024, before plummeting to approximately $8 by April 22. This volatility was triggered by the launch of the Runes protocol and Bitcoin's fourth halving, which initially caused a surge in network activity. However, the frenzy subsided as quickly as it began, leading to a rapid decrease in fees.

BTC+0.51%RUNE-0.08%

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