Average BTC transaction fee drops under $1; 1st time in more than 2 years
Mon, Aug 22, 2022 2:16 PM

Average BTC transaction fee drops under $1; 1st time in more than 2 years

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For the first time in more than two years, the average transaction cost on the Bitcoin (BTC) blockchain dropped below $1.00. The average Bitcoin transaction cost was $0.825 as of Monday, last seen on June 13, 2020. There are many reasons for this decrease in transaction fees, including declining market prices and lower mining difficulty.

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