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Learning & News => News related to Crypto => Topic started by: newshunter on April 19, 2022, 07:01:58 AM

Title: Bitcoin average transaction fees lowest in two years at $1.04
Post by: newshunter on April 19, 2022, 07:01:58 AM
Bitcoin average transaction fees lowest in two years at $1.04

The average BTC transaction fee saw a steady decline from an all-time high of $62.788 in April 2021 before coming down.


Source: Bitcoin average transaction fees lowest in two years at $1.04 (https://cointelegraph.com/news/bitcoin-average-transaction-fees-lowest-in-two-years-at-1-04)

Would appreciate your opinion about this
Title: Re: Bitcoin average transaction fees lowest in two years at $1.04
Post by: cheezcarls on April 19, 2022, 02:06:24 PM
Bitcoin average transaction fees lowest in two years at $1.04

<p style="float:right; margin:0 0 10px 15px; width:240px;">(https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvMDA2Y2VmZWQtOWRmYS00OWE2LWI1MWQtOTM1NTI5N2FlODc0LmpwZw==.jpg)</p><p>The average BTC transaction fee saw a steady decline from an all-time high of $62.788 in April 2021 before coming down.</p>

Source: Bitcoin average transaction fees lowest in two years at $1.04 (https://cointelegraph.com/news/bitcoin-average-transaction-fees-lowest-in-two-years-at-1-04)

Would appreciate your opinion about this

For me, I think this is really encouraging. I know that we are very sick and tired of the exorbitant transaction fees of Bitcoin, but this one gives us hope that there are ways for us not to pay high Bitcoin fees in sending funds to another wallet. Biut of course, we just don’t know how long will it last. The question is if BTC pumps once again, will the fees stay afloat or getting out of control again. We’ll just see about that later on.
Title: Re: Bitcoin average transaction fees lowest in two years at $1.04
Post by: trendcoin on April 20, 2022, 01:47:38 AM
The amount of Bitcoin in exchanges has also shown a very serious decrease. The amount of Bitcoin in circulation is decreasing. This has resulted in lower transaction fees. I hope we will see a price increase reflected in the charts. Then fees start to get expensive again.