ORDI Token on Bitcoin Network Reaches Record High of $81.96, Demonstrates Growing Interest in Digital Tokens

ORDI, a Bitcoin BRC-20 token, hit an all-time high of $81.96 before dropping to $73.92. It gained 45% in the past week. ORDI is part of the Ordinals protocol, which creates NFT-style inscriptions on the Bitcoin network. It's the largest token on Bitcoin with a market cap of $1.55 billion. The interest in Ordinals has led to higher Bitcoin transaction fees, averaging $24.10, causing some concerns in the Bitcoin community. Bitcoin's price also saw a slight decrease, down 1% to $41,985.