⚡️⚡️⏰ mixed signals: Bitcoin transaction fees are falling, and the income of Bitcoin miners is growing

The dynamic cryptocurrency market is sending mixed signals. After exceeding $18 last week, Bitcoin transaction fees have dropped significantly and now average around $5.89 per transaction. The reduction in commission contrasts with the increase in miner income, which has already exceeded October figures, Bitcoin reports.

Fluctuations in the value of Bitcoin transactions reflect the instability of the cryptocurrency market. On November 24, 2023, the average Bitcoin transaction value was approximately $5.89, down significantly from $14.06 the day before. This change clearly demonstrates how quickly transaction fees change within just one week.

The reduction in fees coincides with an increase in the income of Bitcoin miners. November figures are already higher than October: miners earned $945 million, including commissions and subsidies. It is noteworthy that as of November 25, miners received $124.98 million from commissions alone, which is approaching the 2023 record of $125.92 million set in May