Bitcoin's on-chain transaction fees have surged to nearly $4

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Bitcoin's on-chain transaction fees have surged to nearly $40, the highest since April 2021, due to Ordinals inscriptions. 📉 This spike could negatively impact Bitcoin's price. High fees may deter casual use and smaller investors, potentially reducing demand for BTC. #Bitcoin #transactionfees

Bitcoin's on-chain transaction fees have surged to nearly $40, the highest since April 2021, due to Ordinals inscriptions.
📉 This spike could negatively impact Bitcoin's price.
High fees may deter casual use and smaller investors, potentially reducing demand for BTC.
#Bitcoin  #transactionfees    

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