At halving, BTC saw $180 avg daily fees, then dropped to $8-10

Bitcoin's fourth halving event on April 20 led to significant fluctuations in transaction fees. The event reduced the block reward from 6.25 to 3.125 Bitcoin, impacting miners' earnings and influencing market dynamics. On halving day, the average transaction fee spiked to $128, driven by heightened activity and competition to include transactions in the historic block 840,000.

Following the halving, fees normalized to an average of $8-10. Despite reduced miner revenue from lower fees and block rewards, Bitcoin's market price remained stable, indicating that the market had anticipated the event. Additionally, Bitcoin's fee revenue exceeded that of Ethereum in the days leading up to the halving, underscoring the significant interest and activity surrounding this event.

https://www.coinfeeds.io/daily/bitcoin-halving-causes-fee-volatility