I believe you because we can see it. But this isn't the effect of halving. What you should blame is the runes protocol people that have been minting whatever they want as they seem to start the NFT craze again on Bitcoin network. Do they think that it's all worth it? for the miners it is. But for some plebs like me, it is not worth it at all because we're suffering and we can't transact with cheap amounts like $5-$10 because the fees have reached $30 which is crazy!