Bitcoin halving in sight, BRC-20 tokens rally

BRC-20 tokens have seen spikes in their prices on Thursday as Bitcoin price climbs above $70,000. The market capitalization of BRC-20 tokens is $3.51 billion, up nearly 9% on April 11.

and ORDS prices rallied between 3% and 32% in the past day. A BRC-20 token is an experimental fungible token standard similar to ERC-20 . BRC-20 token standard is considered novel and uses ordinal inscriptions on the Bitcoin blockchain. In the past day, the market capitalization of BRC-20 tokens has climbed to $3.516 billion, as of April 11. The tokens have noted a spike of nearly 9% in their market cap on Thursday.

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