📈 Bitcoin transaction fees have surged to a six-month high, with the average BTC transaction fee nearing $6 as of November 7, reports Cointelegraph, citing BitInfoCharts data. This increase is attributed to the impact of Bitcoin NFTs, with almost 1 million NFTs minted in the past seven days. The mempool, where transactions await confirmation in a block, currently holds over 120,000 unconfirmed transactions, a significant rise from the figure below 30,000 in early October. ⛏️💸
#BitcoinTransactionFees #NFTImpact 🚀📊