Bitcoin Transaction Fees Fall to Lowest Level Since 2020
On July 7, 2024, Bitcoin transaction fees plunged to $38.69, marking the lowest point for fees since the peak of the COVID-19 pandemic in 2020. This significant decrease in transaction costs comes at a time when Bitcoin miners are facing increasing pressure from reduced profitability and changing market conditions.·
For the full story, head over to TheCurrencyAnalytics.com.
