🔻 Bitcoin and Ether transaction fees are at their lowest in months, just as the crypto market goes through one of its toughest weeks of 2024.
On June 23, the average Bitcoin fee dropped to $1.93, the lowest since October 2023, due to lower activity and competition on the network.
🚀For their part, Ether gas rates have also fallen, reaching prices of 1 gwei, a minimum not seen in years. This is due to the movement of activity towards Ethereum layer 2 following the Dencun upgrade in March.
These low fees coincide with a significant drop in the crypto market. Bitcoin price fell below $63,000, and several altcoins experienced double-digit losses.
Do you think it's time to invest or do you prefer to wait? 🚀🌕$BTC $ETH #BTC🔥🔥🔥🔥🔥 #ETH🔥🔥🔥🔥 #devcripto