Bitcoin transaction fees continue to drop! đą
- Transaction fees on the Bitcoin network have started to decline after their recent peak. It decreased by 18% this week and 27% last week.
- Wages are at their lowest level since November 2023.
- The launch of the Runes protocol and the Ordinals protocol caused transaction fees to increase.
- However, post-halving fees dropped rapidly. Daily wages were $80 million but now they are less than $6 million weekly.
- Average transaction cost 5 sats/vByte ($0.0029).
What do you think about the future of Bitcoin? Let's meet in the comments! đŹđ
