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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Coin63@ on April 19, 2021, 03:29:03 AM

Title: Bitcoin Transaction Fees Soar to $47 As Market Crashes
Post by: Coin63@ on April 19, 2021, 03:29:03 AM

Price charts flash only red numbers and steep percentage drops today after Bitcoin dropped 15% overnight to lows of $52,144.

For many, this is the day to get out of the market. The subsequent exodus has caused a traffic jam on the Bitcoin blockchain.


Close to 130,000 transactions await confirmation on the blockchain according to data by Johoe-Hoenicke. And Bitcoin’s average transaction fees are currently at a four-month high of $46.88, up over 200% since April 4, when the average transaction fee was $15.56.source (https://cryptonews.net/552324/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)