BITCOIN FEES SPIKE TO 2-YEAR HIGH AS ORDINALS BONANZA GIVES WINDFALL PROFIT TO BTC MINERS

Summary from the TLDR Crypto newsletter

Bitcoin transaction fees hit their highest levels since April 2021 in response to the increasing popularity of Ordinals. The surge in transaction fees derived from Ordinals benefits Bitcoin miners who are earning nearly $63 million daily from these fees, marking almost four times the two-year average. Consequently, stocks for Bitcoin mining companies like Marathon Digital, Riot Platform, and Cleanspark outperformed Bitcoin prices in December.