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Bitcoin Fee Chaos after Halving (2024.04.21) Bitcoin has successfully completed its fourth halving supply cut The bitcoin price has so far defied warnings that the bitcoin halving could trigger a "raging firesale," bouncing back from under $60,000 per bitcoin this week to around $65,000. Now, bitcoin miners and analysts are grappling with halving "chaos" which has pushed up bitcoin transaction fees to "unprecedented" levels.