halving, anticipated to lower miner fees, has occurred. Contrary to expectations, fees hit a record high post-halving. However, indications suggest it might be temporary.halving took place in the early hours of Saturday, the 20th of April. However, by the end of that day, network fees had soared to a record high, contrary to expectations from the halving.revealed that on the 20th of April, fees spiked to over 1,257 BTC, equivalent to over $81 million at the time.
However, its rally was not yet complete, as it still maintained a bearish trend. Breaking above this price range would signify a shift back into a bullish trend.Adewale is a full-time journalist at AMBCrypto. While he is increasingly fascinating by the world of blockchain and cryptocurrencies, Adewale holds a degree in International Relations.
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