Bitcoin (BTC) average transaction fees crossed the $100 mark for the first time on April 20, following the halving event. As the cost to transact rises, the majority of investors are either holding dust or unable to withdraw from exchanges.
Notably, Finbold retrieved data from mempool.space showing average Bitcoin fees of $105.69 paid in the last 24 hours. In BTC measures, users paid 166,150 sats or 0.00166150 BTC per transaction, on average, during this period.
Furthermore, Bitcoin miners mined the last four blocks with a fee rate above 1,072 sat/vB, translating to $100 for small Segwitt transactions. Sat (or satoshis) is Bitcoin’s smallest unit, named after its creator, Satoshi Nakamoto, while vB stands for virtual bytes—the measure used by the cryptocurrency‘s protocol.
Previously, the Bitcoin fee all-time high in USD was $62.78, reached exactly three years ago on April 21, 2021.
Bitcoin transaction fees in the last 24 hours (or 144 blocks). Source: mempool.spac
We współpracy z: https://finbold.com/bitcoin-fees-above-100-for-the-first-time-sell-off-incoming/
