How are Bitcoin NFTs inscriptions impacting Bitcoin? — Bitcoin’s average block size reached an all-time high of 2.5 billion following the creation of the Bitcoin NFTs, better known as Ordinals. Despite objections from Bitcoin purists, Ordinals continue to grow, with over 400,000 inscriptions* created to date. On February 9, 2023, the number of Ordinals topped 20,800. *Inscription: a…