Bitcoin network fees dropped to $ 3.77

Get real time updates directly on you device, subscribe now.

The weakening of transaction activity on the bitcoin network has led to a sharp drop in average fees.

The operating fee is currently $ 3.77, according to BitinfoCharts. Note that in the second half of April, the commission reached $ 62.77.

Below $ 4 Bitcoin fees were at the end of December last year. The previous maximum for commissions was recorded in December 2017. Against the background of the first run of bitcoin, transaction activity was at an all-time high, while the average bitcoin collection was $ 52.18, observers note.

Recall that in April of this year, the largest digital currency achieved the best results in its history. The coin on some trading floors was close to $ 64,400.

However, already in May, bitcoin began to surrender its previously won positions. On Monday, June 12, the BTC rate is holding around $ 34.4 thousand. Currently, on average, the network processes 187,102 transactions per day.

Another blow to Bitcoin last week was dealt by the Central Bank of China. The regulator called BTC a speculative instrument and pointed out the need to fight the cryptosphere.

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.