Bitcoin Transaction Fees Drop to Four-Year Low Amidst Reduced Network Demand and High Trading Prices

Bitcoin transaction fees have dropped significantly, reaching their lowest point in four years as of July 7. This reduction is akin to the transaction cost figures observed during the COVID-19 pandemic peak in 2020. On the same day, Bitcoin was trading above $58,200, underscoring a unique balance between cost and value. Bitcoin’s transaction fees plummet

Source: CoinOtag