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Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Sharpmax on June 07, 2021, 11:58:24 AM

Title: ETH Gas Fees Hit Monthly Low as Market Cools Down
Post by: Sharpmax on June 07, 2021, 11:58:24 AM

Ethereum gas fees have dropped to a new monthly low on Sunday. This comes off the back of a large price correction seen in May. ETH gas fees dropped to ten gwei on Sunday. The latest drop in gas fees now sees ethereum transactions as being more viable once again. The decline in gas fees comes after a tumultuous month in the markets. Ethereum saw a 60% decline in price during May. However the cryptocurrency has since recovered by 54% in June. Source (https://cryptonews.net/760523/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)