Bitcoin Transaction Fees Hit New Lows Amid Cryptocurrency Market Turmoil in 2024

Bitcoin and Ethereum transaction fees have recently hit their lowest levels in months, paralleling a tumultuous week for the cryptocurrency market in 2024. This significant drop in fees reflects a notable decrease in network activity and competition among users. On June 23, the average transaction fee for Bitcoin fell to $1.93, a level not seen

Source: CoinOtag