According to PANews, data from IntoTheBlock indicates a significant decrease in Bitcoin's total transaction fees this week. The slowdown in on-chain activity has led to a 64% drop, bringing the total transaction fees down to $19.2 million. This substantial decrease is attributed to the reduced on-chain activity, which has been observed over the past week.
Bitcoin's Total Transaction Fees Drop By 64% This Week
![](https://public.bnbstatic.com/image/pgc/202211/ff39a105a210ecd0a61407a69ad82dbd.jpg)
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